ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Shares Down 1.9% – Here’s What Happened

Posted by Lauren Steadman on Jan 14th, 2025

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV – Get Free Report) dropped 1.9% during trading on Monday . The company traded as low as $74.68 and last traded at $74.81. Approximately 11,931 shares were traded during mid-day trading, The stock had previously closed at $76.27.

ProShares S&P Technology Dividend Aristocrats ETF Stock Down 1.9 %

The firm has a fifty day moving average price of $77.06 and a two-hundred day moving average price of $76.04. The stock has a market capitalization of $291.76 million, a P/E ratio of 23.63 and a beta of 1.14.

ProShares S&P Technology Dividend Aristocrats ETF Dividend Announcement

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.2183 per share. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in TDV. JPMorgan Chase & Co. increased its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 3,610 shares of the company’s stock valued at $278,000 after acquiring an additional 647 shares in the last quarter. Coston McIsaac & Partners lifted its position in ProShares S&P Technology Dividend Aristocrats ETF by 44.6% in the 3rd quarter. Coston McIsaac & Partners now owns 18,166 shares of the company’s stock valued at $1,400,000 after acquiring an additional 5,600 shares in the last quarter. Finally, Valeo Financial Advisors LLC purchased a new stake in ProShares S&P Technology Dividend Aristocrats ETF during the 3rd quarter valued at $348,000.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

(Get Free Report)

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.