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RiverFront Dynamic US Flex-Cap is an Actively Managed ETF and does not follow an index. In selecting the Fund s portfolio securities, the Sub-Adviser assembles a portfolio of eligible securities based on several core attributes such as value, quality and momentum. The Sub-Adviser, RiverFront Investment Group, LLC ( 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. RiverFront then assigns each qualifying security a score based on its core attributes and selects the individual securities with the highest scores for investment. In doing so, 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, and the trading volume of a company s shares in the secondary market.
Riverfront Dynamic US Flex-Cap ETF trades on the ARCA stock market under the symbol RFFC.
As of March 28, 2024, RFFC stock price was flat at $52.75 with 242 million shares trading.
RFFC has a market cap of $23.74 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, RFFC stock traded as high as $53.04 and as low as $36.99.
RFFC has underperformed the market in the last year with a price return of +32.3% while the SPY ETF gained +33.6%. However, in the short term, RFFC had mixed performance relative to the market. It has outperformed in the last 3 months, returning +11.5% vs +10.1% return in SPY. But in the last 2 weeks, RFFC shares have been beat by the market, returning +1.4% compared to an SPY return of +1.7%.
RFFC support price is $52.42 and resistance is $53.09 (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 RFFC stock will trade within this expected range on the day.