ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Get Free Report) shares reached a new 52-week high on Monday . The stock traded as high as $76.83 and last traded at $75.94, with a volume of 56979 shares changing hands. The stock had previously closed at $74.97.
ProShares Russell 2000 Dividend Growers ETF Price Performance
The stock’s 50-day moving average is $70.03 and its two-hundred day moving average is $66.98. The company has a market cap of $925.74 million, a P/E ratio of 15.39 and a beta of 0.96.
Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF
Hedge funds and other institutional investors have recently modified their holdings of the company. Cetera Investment Advisers increased its position in ProShares Russell 2000 Dividend Growers ETF by 9.8% during the first quarter. Cetera Investment Advisers now owns 98,779 shares of the company’s stock valued at $6,323,000 after acquiring an additional 8,785 shares during the last quarter. Truist Financial Corp increased its position in shares of ProShares Russell 2000 Dividend Growers ETF by 20.1% during the 2nd quarter. Truist Financial Corp now owns 80,910 shares of the company’s stock valued at $5,027,000 after purchasing an additional 13,515 shares during the last quarter. Cetera Advisors LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the 1st quarter valued at about $4,750,000. ForthRight Wealth Management LLC lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 0.3% in the 2nd quarter. ForthRight Wealth Management LLC now owns 67,162 shares of the company’s stock worth $4,172,000 after purchasing an additional 197 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the second quarter worth approximately $3,616,000.
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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