SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) Shares Down 0.5% – Here’s What Happened

Shares of SmartETFs Asia Pacific Dividend Builder ETF (NYSEARCA:ADIV) were down 0.5% during mid-day trading on Friday . The company traded as low as $15.46 and last traded at $15.51. Approximately 1,872 shares changed hands during mid-day trading, an increase of 46% from the average daily volume of 1,282 shares. The stock had previously closed at $15.59.

SmartETFs Asia Pacific Dividend Builder ETF Price Performance

The business’s 50 day simple moving average is $15.96 and its 200 day simple moving average is $15.20. The stock has a market cap of $3.10 million, a P/E ratio of 10.99 and a beta of 0.86.

SmartETFs Asia Pacific Dividend Builder ETF Company Profile

The SmartETFs Asia Pacific Dividend Builder ETF (ADIV) is an exchange-traded fund that is based on the MSCI AC Pacific ex-Japan NR index. The fund actively invests in Asia Pacific companies expected to have an increase in dividends over time. ADIV was launched on Mar 31, 2006 and is managed by SmartETFs.