ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Get Free Report)’s share price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $68.73 and last traded at $69.22, with a volume of 15661 shares trading hands. The stock had previously closed at $68.67.
ProShares Russell 2000 Dividend Growers ETF Price Performance
The company has a 50-day moving average of $68.07 and a 200 day moving average of $65.12. The company has a market cap of $862.30 million, a PE ratio of 15.39 and a beta of 0.96.
Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF
Large investors have recently modified their holdings of the stock. Key Financial Inc boosted its stake in ProShares Russell 2000 Dividend Growers ETF by 342.7% during the second quarter. Key Financial Inc now owns 549 shares of the company’s stock worth $34,000 after buying an additional 425 shares during the period. PNC Financial Services Group Inc. purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth about $41,000. Anson Capital Inc. bought a new position in ProShares Russell 2000 Dividend Growers ETF during the 1st quarter valued at about $201,000. J.W. Cole Advisors Inc. raised its position in ProShares Russell 2000 Dividend Growers ETF by 8.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 3,623 shares of the company’s stock worth $232,000 after purchasing an additional 297 shares during the period. Finally, Heritage Wealth Management Inc. bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the second quarter worth about $294,000.
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.
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