First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) Trading Up 1.9% – Here’s Why

First Trust RiverFront Dynamic Europe ETF (NASDAQ:RFEU) traded up 1.9% during trading on Thursday . The stock traded as high as $63.97 and last traded at $63.97. 3 shares changed hands during trading, a decline of 99% from the average session volume of 306 shares. The stock had previously closed at $62.77.

First Trust RiverFront Dynamic Europe ETF Price Performance

The stock has a market cap of $6.40 million, a price-to-earnings ratio of 10.35 and a beta of 0.95. The company’s fifty day simple moving average is $66.37 and its two-hundred day simple moving average is $66.12.

First Trust RiverFront Dynamic Europe ETF Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Stockholders of record on Thursday, September 26th were issued a $0.8446 dividend. This represents a $3.38 dividend on an annualized basis and a dividend yield of 5.28%. The ex-dividend date of this dividend was Thursday, September 26th. This is a positive change from First Trust RiverFront Dynamic Europe ETF’s previous quarterly dividend of $0.44.

First Trust RiverFront Dynamic Europe ETF Company Profile

The First Trust RiverFront Dynamic Europe ETF (RFEU) is an exchange-traded fund that is based on the FTSE Developed Europe All Cap index. The fund is an actively-managed fund that seeks capital appreciation from developed European stocks selected using a factor approach. The manager has discretion to currency-hedge up to 100% of the portfolio.