SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Shares Up 0.3%

Shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) traded up 0.3% during mid-day trading on Thursday . The company traded as high as $29.73 and last traded at $29.59. 3,121 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 3,020 shares. The stock had previously closed at $29.49.

SmartETFs Dividend Builder ETF Stock Up 0.6 %

The company has a market cap of $35.73 million, a P/E ratio of 25.30 and a beta of 0.71. The company has a fifty day moving average of $28.40 and a 200 day moving average of $27.64.

Institutional Investors Weigh In On SmartETFs Dividend Builder ETF

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

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.