Jane Street Group LLC Has $319,000 Stock Position in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM)

Jane Street Group LLC lowered its stake in First Trust RiverFront Dynamic Emerging Markets ETF (NASDAQ:RFEM) by 77.9% during the third quarter, HoldingsChannel.com reports. The institutional investor owned 4,687 shares of the company’s stock after selling 16,483 shares during the period. Jane Street Group LLC’s holdings in First Trust RiverFront Dynamic Emerging Markets ETF were worth $319,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. J.W. Cole Advisors Inc. lifted its position in First Trust RiverFront Dynamic Emerging Markets ETF by 7.6% in the 3rd quarter. J.W. Cole Advisors Inc. now owns 26,060 shares of the company’s stock valued at $1,776,000 after acquiring an additional 1,842 shares in the last quarter. Hilltop Holdings Inc. increased its holdings in First Trust RiverFront Dynamic Emerging Markets ETF by 2.2% during the 3rd quarter. Hilltop Holdings Inc. now owns 10,022 shares of the company’s stock worth $683,000 after purchasing an additional 219 shares in the last quarter. Maia Wealth LLC acquired a new stake in shares of First Trust RiverFront Dynamic Emerging Markets ETF in the 3rd quarter valued at about $218,000. Finally, GAMMA Investing LLC lifted its holdings in shares of First Trust RiverFront Dynamic Emerging Markets ETF by 61.8% in the third quarter. GAMMA Investing LLC now owns 1,531 shares of the company’s stock valued at $104,000 after purchasing an additional 585 shares in the last quarter.

First Trust RiverFront Dynamic Emerging Markets ETF Stock Performance

NASDAQ:RFEM opened at $63.11 on Friday. The stock has a 50-day simple moving average of $64.49 and a 200 day simple moving average of $65.35. First Trust RiverFront Dynamic Emerging Markets ETF has a 52-week low of $56.19 and a 52-week high of $70.20. The company has a market cap of $28.40 million, a PE ratio of 7.49 and a beta of 0.83.

First Trust RiverFront Dynamic Emerging Markets ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Friday, December 13th were paid a dividend of $1.2429 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust RiverFront Dynamic Emerging Markets ETF

The First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) is an exchange-traded fund that is based on the Benchmark for RFEM Fund index. The fund is actively-managed to select in emerging market stocks using multiple factors. The manager has discretion to hedge currency exposure up to 100% of the portfolio.