ALPS Active Equity Opportunity ETF $RFFC Stock: Tenzing Financial LLC Increases Holdings

Tenzing Financial LLC grew its position in ALPS Active Equity Opportunity ETF (NYSEARCA:RFFC) by 255.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 10,263 shares of the company’s stock after purchasing an additional 7,378 shares during the quarter. Tenzing Financial LLC owned about 2.57% of ALPS Active Equity Opportunity ETF worth $788,000 at the end of the most recent reporting period.

Separately, Envestnet Asset Management Inc. increased its stake in ALPS Active Equity Opportunity ETF by 14.0% during the 2nd quarter. Envestnet Asset Management Inc. now owns 12,571 shares of the company’s stock valued at $948,000 after purchasing an additional 1,543 shares in the last quarter.

ALPS Active Equity Opportunity ETF Trading Up 0.4%

Shares of NYSEARCA RFFC traded up $0.28 during midday trading on Friday, reaching $74.52. The company had a trading volume of 539 shares, compared to its average volume of 991. The business’s 50-day simple moving average is $76.66 and its 200 day simple moving average is $73.29. The stock has a market cap of $29.81 million, a P/E ratio of 25.00 and a beta of 0.94. ALPS Active Equity Opportunity ETF has a 1 year low of $64.05 and a 1 year high of $77.75.

ALPS Active Equity Opportunity ETF Company Profile

The RiverFront Dynamic US Flex-Cap ETF (RFFC) is an exchange-traded fund that mostly invests in total market equity. The fund is an actively-managed fund of US stocks selected on the basis of multiple factors such as value, quality, and momentum. RFFC was launched on Jun 7, 2016 and is managed by RiverFront.