Howe & Rusling Inc. Has $152,000 Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Howe & Rusling Inc. lessened its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,240 shares of the company’s stock after selling 340 shares during the period. Howe & Rusling Inc.’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $152,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of SMDV. New England Private Wealth Advisors LLC boosted its position in ProShares Russell 2000 Dividend Growers ETF by 0.6% during the 4th quarter. New England Private Wealth Advisors LLC now owns 30,024 shares of the company’s stock worth $2,032,000 after buying an additional 182 shares during the period. Trueblood Wealth Management LLC lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 1.3% during the fourth quarter. Trueblood Wealth Management LLC now owns 15,481 shares of the company’s stock worth $1,048,000 after purchasing an additional 192 shares during the period. MWA Asset Management grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 3.5% in the fourth quarter. MWA Asset Management now owns 5,741 shares of the company’s stock worth $388,000 after purchasing an additional 195 shares during the last quarter. Atlas Brown Inc. increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 4.0% in the fourth quarter. Atlas Brown Inc. now owns 6,108 shares of the company’s stock valued at $413,000 after purchasing an additional 236 shares during the period. Finally, United Asset Strategies Inc. raised its position in ProShares Russell 2000 Dividend Growers ETF by 1.5% during the 4th quarter. United Asset Strategies Inc. now owns 17,217 shares of the company’s stock worth $1,165,000 after purchasing an additional 261 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Trading Down 0.6 %

Shares of SMDV opened at $66.33 on Friday. The company has a market capitalization of $686.52 million, a PE ratio of 17.41 and a beta of 0.83. The stock’s 50-day moving average price is $68.09 and its two-hundred day moving average price is $69.33. ProShares Russell 2000 Dividend Growers ETF has a 12 month low of $59.13 and a 12 month high of $76.90.

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.