Small Cap US Equity Select ETF (NASDAQ:RNSC) Trading 1.1% Higher – Still a Buy?

Small Cap US Equity Select ETF (NASDAQ:RNSC) shares shot up 1.1% during trading on Friday . The stock traded as high as $30.64 and last traded at $30.51. 3,153 shares changed hands during mid-day trading, a decline of 46% from the average session volume of 5,835 shares. The stock had previously closed at $30.17.

Small Cap US Equity Select ETF Stock Performance

The firm has a fifty day moving average price of $31.02 and a 200 day moving average price of $29.99. The firm has a market capitalization of $25.93 million, a price-to-earnings ratio of 12.26 and a beta of 1.16.

Institutional Trading of Small Cap US Equity Select ETF

An institutional investor recently raised its position in Small Cap US Equity Select ETF stock. Archer Investment Corp grew its holdings in Small Cap US Equity Select ETF (NASDAQ:RNSC) by 2.0% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 19,250 shares of the company’s stock after buying an additional 377 shares during the quarter. Archer Investment Corp owned about 2.26% of Small Cap US Equity Select ETF worth $581,000 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.