First Trust RiverFront Dynamic Emerging Markets ETF (RFEM) Price, Holdings, & News

ETF Overview

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. RFEM was launched on Jun 14, 2016 and is managed by First Trust.

Key Stats

• Today's Range: $74.10 to $74.20
• 50-Day Range: $69.12 to $74.38
• 52-Week Range: $57.44 to $74.54
• Volume: 1,672 shs
• Average Volume: 4,607 shs
• Market Capitalization: $37.06 million
• Assets Under Management: $40.74 million
• Dividend Yield: 2.47%
• Net Expense Ratio: 0.95%
• Aggregate Rating: N/A

RFEM ETF - Frequently Asked Questions

How have RFEM shares performed this year?

First Trust RiverFront Dynamic Emerging Markets ETF's stock was trading at $63.29 at the start of the year. Since then, RFEM stock has increased by 17.1% and is now trading at $74.12.

Who are First Trust RiverFront Dynamic Emerging Markets ETF's major shareholders?

First Trust RiverFront Dynamic Emerging Markets ETF's top institutional investors include Janney Montgomery Scott LLC (13.68%), Envestnet Asset Management Inc. (11.24%), Baird Financial Group Inc. (9.53%) and RiverFront Investment Group LLC (7.50%).

How do I buy shares of First Trust RiverFront Dynamic Emerging Markets ETF?

Shares of RFEM stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

What other stocks do shareholders of First Trust RiverFront Dynamic Emerging Markets ETF own?

Based on aggregate information from My MarketBeat watchlists, some other companies that First Trust RiverFront Dynamic Emerging Markets ETF investors own include First Trust RiverFront Dynamic Developed International ETF (RFDI), Consumer Staples Select Sector SPDR Fund (XLP), ALPS Active Equity Opportunity ETF (RFFC), iShares Global Infrastructure ETF (IGF), RiverFront Dynamic US Dividend Advantage ETF (RFDA), ALPS ETF Trust - Riverfront Dynamic Unconstrained Income ETF (RFUN) and Financial Select Sector SPDR Fund (XLF).

Fund Details

• Issuer: First Trust
• Fund Name: First Trust RiverFront Dynamic Emerging Markets ETF
• Tax Classification: Regulated Investment Company
• Stock Exchange: NASDAQ
• Current Symbol: NASDAQ:RFEM
• Inception Date: 6/14/2016
• Fund Manager: Adam Grossman, Chris Konstantinos
• Web: N/A
• Phone: N/A

Fund Focus

• Asset Class: Equity
• Benchmark: N/A
• Category: Broad Equity
• Focus: Strategy
• Development Level: Emerging Markets
• Region: Emerging Markets
• Number of Holdings: 105

Fund Statistics

• Assets Under Management: $40.74 million
• Average Daily Volume: $4.02 thousand
• Discount/Premium: 0.22%

Administrator, Advisor and Custodian

• Administrator: Brown Brothers Harriman & Co.
• Advisor: First Trust Advisors L.P.
• Custodian: Brown Brothers Harriman & Co.
• Distributor: First Trust Portfolios L.P.
• Transfer Agent: Brown Brothers Harriman & Co.
• Trustee: N/A
• Lead Market Maker: Jane Street

Options

• Optionable: N/A
• Short Interest: 300 shs

Miscellaneous

• Outstanding Shares: 500,000
• Beta: 0.83
• Creation Unit: 50,000
• Creation Fee: $4,100.00