ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Get Free Report)’s share price reached a new 52-week high during trading on Thursday . The stock traded as high as $78.33 and last traded at $78.30, with a volume of 20630 shares. The stock had previously closed at $76.87.
ProShares Russell 2000 Dividend Growers ETF Stock Up 2.5%
The company has a fifty day moving average of $74.06 and a two-hundred day moving average of $71.78. The stock has a market capitalization of $791.35 million, a price-to-earnings ratio of 16.56 and a beta of 0.84.
Institutional Investors Weigh In On ProShares Russell 2000 Dividend Growers ETF
A number of hedge funds have recently added to or reduced their stakes in the company. Howe & Rusling Inc. raised its holdings in ProShares Russell 2000 Dividend Growers ETF by 4.6% during the fourth quarter. Howe & Rusling Inc. now owns 3,185 shares of the company’s stock worth $210,000 after purchasing an additional 141 shares during the last quarter. NewEdge Advisors LLC increased its stake in ProShares Russell 2000 Dividend Growers ETF by 2.9% in the fourth quarter. NewEdge Advisors LLC now owns 5,267 shares of the company’s stock valued at $348,000 after purchasing an additional 146 shares during the last quarter. Janney Montgomery Scott LLC increased its position in ProShares Russell 2000 Dividend Growers ETF by 4.2% during the fourth quarter. Janney Montgomery Scott LLC now owns 3,745 shares of the company’s stock worth $248,000 after purchasing an additional 151 shares during the last quarter. Geneos Wealth Management Inc. grew its position in ProShares Russell 2000 Dividend Growers ETF by 2.0% during the fourth quarter. Geneos Wealth Management Inc. now owns 8,135 shares of the company’s stock valued at $538,000 after acquiring an additional 162 shares during the period. Finally, DAVENPORT & Co LLC increased its position in ProShares Russell 2000 Dividend Growers ETF by 6.2% during the 4th quarter. DAVENPORT & Co LLC now owns 4,309 shares of the company’s stock worth $285,000 after purchasing an additional 250 shares in the last quarter.
About ProShares Russell 2000 Dividend Growers ETF
The ProShares Russell 2000 Dividend Growers ETF (SMDV) is an exchange-traded fund that is based on the Russell 2000 Dividend Growth index. The fund tracks an index of US small-cap stocks with a 10-year record of increasing dividends. Stocks are equally weighted. SMDV was launched on Feb 5, 2015 and is managed by ProShares.
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