SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Trading 0.1% Higher – Here’s Why

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS)’s stock price traded up 0.1% during trading on Friday . The company traded as high as $30.39 and last traded at $30.39. 378 shares were traded during trading, a decline of 87% from the average session volume of 2,943 shares. The stock had previously closed at $30.36.

SmartETFs Dividend Builder ETF Trading Up 0.1 %

The company has a market cap of $36.47 million, a price-to-earnings ratio of 25.30 and a beta of 0.71. The business has a 50-day moving average price of $29.64 and a 200 day moving average price of $28.32.

Institutional Inflows and Outflows

An institutional investor recently raised its position in SmartETFs Dividend Builder ETF stock. Archer Investment Corp grew its holdings in SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 91.6% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 2,322 shares of the company’s stock after purchasing an additional 1,110 shares during the period. Archer Investment Corp owned approximately 0.19% of SmartETFs Dividend Builder ETF worth $65,000 as of its most recent SEC filing.

SmartETFs Dividend Builder ETF Company Profile

The SmartETFs Dividend Builder ETF (DIVS) is an exchange-traded fund that is based on the MSCI World NR index. The fund is an actively-managed portfolio of dividend-paying companies from both developed and emerging markets. The fund seeks income and consistent dividend growth. DIVS was launched on Mar 30, 2012 and is managed by SmartETFs.