Small Cap US Equity Select ETF (NASDAQ:RNSC) Shares Purchased by Archer Investment Corp

Archer Investment Corp lifted its stake in Small Cap US Equity Select ETF (NASDAQ:RNSC) by 2.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 19,250 shares of the company’s stock after purchasing an additional 377 shares during the period. Archer Investment Corp’s holdings in Small Cap US Equity Select ETF were worth $581,000 as of its most recent SEC filing.

Small Cap US Equity Select ETF Stock Performance

NASDAQ:RNSC traded down $0.31 during mid-day trading on Friday, hitting $31.32. 289 shares of the company’s stock traded hands, compared to its average volume of 5,970. The firm’s 50 day simple moving average is $29.97 and its 200 day simple moving average is $28.97. Small Cap US Equity Select ETF has a 1 year low of $25.86 and a 1 year high of $32.37. The company has a market cap of $26.62 million, a PE ratio of 12.26 and a beta of 1.16.

Small Cap US Equity Select ETF Cuts Dividend

The firm also recently announced a quarterly dividend, which was paid on Monday, September 30th. Shareholders of record on Thursday, September 26th were issued a dividend of $0.1361 per share. The ex-dividend date of this dividend was Thursday, September 26th. This represents a $0.54 annualized dividend and a yield of 1.74%.

About Small Cap US Equity Select ETF

The First Trust Small Cap US Equity Select ETF (RNSC) is an exchange-traded fund that is based on the Nasdaq Riskalyze US Small Cap index. The fund tracks a dividend-selected, tier-weighted index of small-cap US equities. RNSC was launched on Jun 20, 2017 and is managed by First Trust.