SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Stock Price Up 0.1% – What’s Next?

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) shot up 0.1% on Thursday . The stock traded as high as $28.89 and last traded at $28.89. 293 shares traded hands during trading, a decline of 93% from the average session volume of 3,973 shares. The stock had previously closed at $28.86.

SmartETFs Dividend Builder ETF Stock Performance

The stock’s 50-day moving average price is $29.49 and its two-hundred day moving average price is $29.12. The stock has a market capitalization of $34.51 million, a PE ratio of 25.30 and a beta of 0.71.

Hedge Funds Weigh In On SmartETFs Dividend Builder ETF

A hedge fund recently raised its stake in SmartETFs Dividend Builder ETF stock. Archer Investment Corp grew its position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 91.6% in the second quarter, according to the company in 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 at the end of the most recent reporting period.

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.