SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Shares Up 0.1% – Still a Buy?

SmartETFs Dividend Builder ETF (NYSEARCA:DIVS)’s share price shot 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 Stock Up 0.1 %

The business has a fifty day simple moving average of $29.64 and a two-hundred day simple moving average of $28.33. The company has a market cap of $36.47 million, a P/E ratio of 25.30 and a beta of 0.71.

Institutional Trading of SmartETFs Dividend Builder ETF

An institutional investor recently raised its position in SmartETFs Dividend Builder ETF stock. Archer Investment Corp raised its position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 91.6% during the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,322 shares of the company’s stock after acquiring 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 filing with the Securities & Exchange Commission.

About SmartETFs Dividend Builder ETF

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.