ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Get Free Report) was the recipient of a significant increase in short interest during the month of September. As of September 15th, there was short interest totaling 11,745 shares, an increase of 444.5% from the August 31st total of 2,157 shares. Approximately 0.1% of the company’s stock are sold short. Based on an average daily volume of 123,916 shares, the short-interest ratio is currently 0.1 days.
ProShares Russell 2000 Dividend Growers ETF Price Performance
Shares of BATS SMDV opened at $73.39 on Friday. ProShares Russell 2000 Dividend Growers ETF has a one year low of $63.86 and a one year high of $79.56. The business’s 50-day moving average price is $76.66 and its two-hundred day moving average price is $73.99. The company has a market capitalization of $736.84 million, a P/E ratio of 16.56 and a beta of 0.84.
Institutional Investors Weigh In On ProShares Russell 2000 Dividend Growers ETF
Several large investors have recently made changes to their positions in the company. Sanctuary Advisors LLC lifted its stake in ProShares Russell 2000 Dividend Growers ETF by 2.7% in the first quarter. Sanctuary Advisors LLC now owns 59,116 shares of the company’s stock valued at $4,067,000 after acquiring an additional 1,564 shares during the last quarter. Avant Capital LLC acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter worth $3,165,000. Compass Financial Management LLC acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter worth $1,351,000. United Asset Strategies Inc. raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 7.4% during the 1st quarter. United Asset Strategies Inc. now owns 18,164 shares of the company’s stock valued at $1,249,000 after purchasing an additional 1,256 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 2.6% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 16,566 shares of the company’s stock valued at $1,140,000 after purchasing an additional 420 shares in the last quarter.
ProShares Russell 2000 Dividend Growers ETF Company Profile
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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