Small Cap US Equity Select ETF (NASDAQ:RNSC) Stock Price Up 0.2% – Time to Buy?

Small Cap US Equity Select ETF (NASDAQ:RNSC) shares rose 0.2% during mid-day trading on Thursday . The stock traded as high as $30.59 and last traded at $30.59. Approximately 721 shares traded hands during trading, a decline of 89% from the average daily volume of 6,382 shares. The stock had previously closed at $30.54.

Small Cap US Equity Select ETF Stock Performance

The firm has a fifty day moving average price of $29.57 and a 200-day moving average price of $28.60. The company has a market capitalization of $27.48 million, a price-to-earnings ratio of 12.26 and a beta of 1.16.

Small Cap US Equity Select ETF Cuts Dividend

The business also recently announced a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Thursday, September 26th were given a dividend of $0.1361 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.54 annualized dividend and a dividend yield of 1.78%.

Institutional Inflows and Outflows

An institutional investor recently raised its position in Small Cap US Equity Select ETF stock. Archer Investment Corp lifted its stake in shares of Small Cap US Equity Select ETF (NASDAQ:RNSC) by 13.8% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 18,873 shares of the company’s stock after buying an additional 2,290 shares during the period. Archer Investment Corp owned about 1.99% of Small Cap US Equity Select ETF worth $520,000 at the end of the most recent quarter.

Small Cap US Equity Select ETF Company Profile

The First Trust Small Cap US Equity Select ETF (RNSC) is an exchange-traded fund that is based on the Nasdaq Riskalyze US Small Cap index. The fund tracks a dividend-selected, tier-weighted index of small-cap US equities. RNSC was launched on Jun 20, 2017 and is managed by First Trust.