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Benzinga (Thu, 26-Dec 6:41 AM ET)
The SmartETFs Asia Pacific Dividend Builder ETF invests at least 80% of its net assets (plus any borrowings for investment purposes) in publicly-traded, dividend-producing equity securities of companies that are tied economically to countries in the Asia Pacific region (as defined later in this Prospectus). Equity securities may include common stocks, preferred stocks, securities convertible into common stocks, rights and warrants. In the Adviser s view, investing in dividend-paying stocks permits investors to gain access to the more established companies in the region. In the Adviser s view, dividend builder refers to a dividend-paying company which the Adviser believes will experience increasing dividends over time. The Fund is actively managed.
Smartetfs Asia Pacific Dividend Builder ETF trades on the ARCA stock market under the symbol ADIV.
As of December 26, 2024, ADIV stock price climbed to $15.54 with 749 million shares trading.
ADIV has a market cap of $4.78 million. This is considered a Sub-Micro Cap stock.
In the last 3 years, ADIV traded as high as $17.60 and as low as $11.22.
ADIV has underperformed the market in the last year with a return of +18.9%, while the SPY ETF gained +28.5%. In the last 3 month period, ADIV fell short of the market, returning -0.7%, while SPY returned +5.6%. However, in the most recent 2 weeks ADIV has outperformed the stock market by returning +1.1%, while SPY returned +0.1%.
ADIV support price is $15.31 and resistance is $15.68 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ADIV shares will trade within this expected range on the day.