SRS Capital Advisors Inc. Increases Stock Position in First Trust Indxx Metaverse ETF (NASDAQ:ARVR)

SRS Capital Advisors Inc. increased its position in shares of First Trust Indxx Metaverse ETF (NASDAQ:ARVR) by 7.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 26,289 shares of the company’s stock after buying an additional 1,752 shares during the period. SRS Capital Advisors Inc. owned 26.29% of First Trust Indxx Metaverse ETF worth $1,002,000 as of its most recent filing with the SEC.

First Trust Indxx Metaverse ETF Stock Performance

Shares of NASDAQ ARVR opened at $40.15 on Monday. The company’s fifty day moving average price is $39.42 and its 200 day moving average price is $38.25. First Trust Indxx Metaverse ETF has a 1 year low of $32.15 and a 1 year high of $42.13. The company has a market capitalization of $4.01 million, a PE ratio of 29.16 and a beta of -1.30.

First Trust Indxx Metaverse ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Friday, December 13th were issued a dividend of $0.2844 per share. The ex-dividend date of this dividend was Friday, December 13th.

About First Trust Indxx Metaverse ETF

The First Trust Indxx Metaverse ETF (ARVR) is an exchange-traded fund that is based on the Indxx Metaverse index. The fund tracks a modified equal-weighted index of stocks, spanning a broad range of industries globally, that are involved in business activities associated with the Metaverse. ARVR was launched on Apr 19, 2022 and is managed by First Trust.