Northwest Financial Advisors Sells 1,335 Shares of ProShares Russell 2000 Dividend Growers ETF $SMDV

Northwest Financial Advisors decreased its stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 11.1% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,695 shares of the company’s stock after selling 1,335 shares during the period. Northwest Financial Advisors’ holdings in ProShares Russell 2000 Dividend Growers ETF were worth $696,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Ameritas Advisory Services LLC acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at about $29,000. Harbour Investments Inc. lifted its stake in ProShares Russell 2000 Dividend Growers ETF by 2,143.0% in the 2nd quarter. Harbour Investments Inc. now owns 2,243 shares of the company’s stock valued at $146,000 after purchasing an additional 2,143 shares during the last quarter. Howe & Rusling Inc. lifted its stake in ProShares Russell 2000 Dividend Growers ETF by 12.8% in the 1st quarter. Howe & Rusling Inc. now owns 2,526 shares of the company’s stock valued at $166,000 after purchasing an additional 286 shares during the last quarter. Integrity Alliance LLC. acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the 1st quarter valued at about $232,000. Finally, Capital Advisors Ltd. LLC lifted its stake in ProShares Russell 2000 Dividend Growers ETF by 8.3% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 4,943 shares of the company’s stock valued at $322,000 after purchasing an additional 377 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

Shares of BATS:SMDV opened at $66.59 on Wednesday. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $57.98 and a 52-week high of $76.90. The company has a market capitalization of $668.61 million, a P/E ratio of 16.56 and a beta of 0.84. The company has a 50-day simple moving average of $67.12 and a 200 day simple moving average of $65.64.

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.