Wedbush Securities Inc. Raises Stock Holdings in RiverNorth Patriot ETF $FLDZ

Wedbush Securities Inc. grew its position in shares of RiverNorth Patriot ETF (BATS:FLDZ) by 50.1% in the second quarter, according to its most recent filing with the SEC. The fund owned 118,052 shares of the company’s stock after acquiring an additional 39,406 shares during the quarter. Wedbush Securities Inc. owned about 0.79% of RiverNorth Patriot ETF worth $1,633,000 at the end of the most recent reporting period.

RiverNorth Patriot ETF Stock Performance

FLDZ stock opened at $30.40 on Monday. The firm has a fifty day moving average price of $31.18 and a 200 day moving average price of $30.37. RiverNorth Patriot ETF has a fifty-two week low of $28.13 and a fifty-two week high of $34.15. The firm has a market cap of $4.56 million, a PE ratio of 18.39 and a beta of 0.92.

About RiverNorth Patriot ETF

The RiverNorth Patriot ETF (FLDZ) is an exchange-traded fund that mostly invests in total market equity. The fund is actively managed to invest in large- and mid-cap US stocks. The fund commits to donating the majority of its sub-advisory fee or 100% of its net profit, in the form of its management fee to the Folds of Honor Foundation. FLDZ was launched on Jan 3, 2022 and is managed by RiverNorth.