SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) Trading Down 0.2%

Shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) fell 0.2% during mid-day trading on Thursday . The stock traded as low as $26.10 and last traded at $26.10. 4,286 shares changed hands during trading, an increase of 11% from the average session volume of 3,872 shares. The stock had previously closed at $26.16.

SmartETFs Dividend Builder ETF Stock Down 0.2 %

The company’s fifty day moving average price is $26.95 and its 200-day moving average price is $25.75. The stock has a market capitalization of $31.32 million, a PE ratio of 24.86 and a beta of 0.75.

Institutional Investors Weigh In On SmartETFs Dividend Builder ETF

A hedge fund recently raised its stake in SmartETFs Dividend Builder ETF stock. Cambridge Investment Research Advisors Inc. lifted its position in shares of SmartETFs Dividend Builder ETF (NYSEARCA:DIVS) by 49.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 27,503 shares of the company’s stock after acquiring an additional 9,142 shares during the period. Cambridge Investment Research Advisors Inc. owned approximately 2.50% of SmartETFs Dividend Builder ETF worth $665,000 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.