RFDA Stock Summary and Trading Ideas (Riverfront Dynamic US Dividend Advantage ETF | ARCA:RFDA)

The fund Actively Managed. The Sub-Advisor, RiverFront Investment Group, LLC, assembles a portfolio of eligible securities based on several core attributes such as value, quality and momentum. RiverFront will consider multiple proprietary factors within each core attribute, such as the price-to-book value of a security when determining value, a company s cash as a percentage of the company s market capitalization when determining quality and a security s three month relative price change when determining momentum. Additionally, within a given sector, security selection will emphasize companies offering a meaningful dividend yield premium over alternative investments within that sector. RiverFront utilizes its proprietary optimization process to maximize the percentage of high-scoring securities included in the portfolio. A high-scoring security within our investment process does not guarantee a favorable performance or ensure against loss. Riverfront will also consider the market capitalization of the companies in which the Fund may invest, the potential for dividend income, and the trading volume of a company s shares in the secondary market.

Riverfront Dynamic US Dividend Advantage ETF trades on the ARCA stock market under the symbol RFDA.

As of April 24, 2024, RFDA stock price was flat at $49.47 with 22 million shares trading.

RFDA has a market cap of $74.20 million. This is considered a Micro Cap stock.

In the last 3 years, RFDA stock traded as high as $50.80 and as low as $38.44.

RFDA has underperformed the market in the last year with a return of +18.0%, while the SPY ETF gained +23.9%. In the last 3 month period, RFDA fell short of the market, returning +3.9%, while SPY returned +4.3%. However, in the most recent 2 weeks RFDA has outperformed the stock market by returning -1.7%, while SPY returned -3.0%.

RFDA support price is $48.95 and resistance is $49.99 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that RFDA stock will trade within this expected range on the day.