Envestnet Asset Management Inc. Boosts Stock Position in ProShares Russell 2000 Dividend Growers ETF $SMDV

Envestnet Asset Management Inc. grew its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 33.1% during the second quarter, according to its most recent Form 13F filing with the SEC. The firm owned 72,998 shares of the company’s stock after purchasing an additional 18,136 shares during the period. Envestnet Asset Management Inc.’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $4,749,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Capital Investment Advisors LLC increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 0.4% in the 2nd quarter. Capital Investment Advisors LLC now owns 419,959 shares of the company’s stock worth $27,323,000 after buying an additional 1,730 shares during the period. LPL Financial LLC boosted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 0.9% in the 1st quarter. LPL Financial LLC now owns 263,225 shares of the company’s stock valued at $17,265,000 after acquiring an additional 2,430 shares during the last quarter. Royal Bank of Canada increased its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 0.4% in the first quarter. Royal Bank of Canada now owns 222,357 shares of the company’s stock worth $14,583,000 after acquiring an additional 949 shares during the period. Truist Financial Corp raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 1.7% during the second quarter. Truist Financial Corp now owns 116,781 shares of the company’s stock worth $7,598,000 after purchasing an additional 1,898 shares during the last quarter. Finally, ForthRight Wealth Management LLC raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 24.6% during the second quarter. ForthRight Wealth Management LLC now owns 85,395 shares of the company’s stock worth $5,556,000 after purchasing an additional 16,836 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Price Performance

BATS SMDV opened at $65.49 on Friday. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $57.98 and a 1 year high of $76.90. The company has a market capitalization of $657.52 million, a PE ratio of 16.56 and a beta of 0.84. The company has a fifty day moving average of $66.48 and a 200 day moving average of $65.89.

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.