Wedbush Securities Inc. Grows Position in RiverNorth Patriot ETF $FLDZ

Wedbush Securities Inc. increased its stake in shares of RiverNorth Patriot ETF (BATS:FLDZ) by 50.1% in the second quarter, according to the company in its most recent Form 13F 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 78.70% of RiverNorth Patriot ETF worth $1,633,000 at the end of the most recent quarter.

RiverNorth Patriot ETF Price Performance

Shares of FLDZ stock opened at $30.40 on Monday. The stock has a market cap of $4.56 million, a P/E ratio of 18.39 and a beta of 0.92. RiverNorth Patriot ETF has a 52 week low of $28.13 and a 52 week high of $34.15. The company’s fifty day simple moving average is $31.18 and its two-hundred day simple moving average is $30.37.

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.