Commonwealth Equity Services LLC increased its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Free Report) by 5.0% during the 4th quarter, HoldingsChannel.com reports. The fund owned 89,121 shares of the company’s stock after buying an additional 4,256 shares during the period. Commonwealth Equity Services LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $6,031,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors have also recently bought and sold shares of the company. Mainstream Capital Management LLC bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth $26,000. US Bancorp DE bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth $27,000. Ameliora Wealth Management Ltd. bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth $34,000. Palisade Asset Management LLC bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 3rd quarter worth $215,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth $250,000.
ProShares Russell 2000 Dividend Growers ETF Stock Performance
BATS:SMDV opened at $65.79 on Friday. The firm’s 50-day moving average is $68.07 and its 200-day moving average is $69.37. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $59.13 and a 52-week high of $76.90. The company has a market cap of $680.92 million, a price-to-earnings ratio of 17.41 and a beta of 0.83.
ProShares Russell 2000 Dividend Growers ETF 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.
Further Reading
- Five stocks we like better than ProShares Russell 2000 Dividend Growers ETF
- Earnings Per Share Calculator: How to Calculate EPS
- FedEx Delivers Another Crushing Blow to Its Stock Price
- Stock Market Sectors: What Are They and How Many Are There?
- Analysts Stay Bullish on Rocket Lab as Signs of a Bottom Emerge
- 3 Grocery Stocks That Can Help Take a Bite Out of Inflation
- Micron Stock Will Retest All-Time Highs This Year
Want to see what other hedge funds are holding SMDV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Free Report).
Receive News & Ratings for ProShares Russell 2000 Dividend Growers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Russell 2000 Dividend Growers ETF and related companies with MarketBeat.com's FREE daily email newsletter.
