ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Capital Investment Advisors LLC

Capital Investment Advisors LLC lessened its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 0.9% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 438,054 shares of the company’s stock after selling 3,837 shares during the period. Capital Investment Advisors LLC owned 3.59% of ProShares Russell 2000 Dividend Growers ETF worth $30,340,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of SMDV. Key Financial Inc lifted its stake in ProShares Russell 2000 Dividend Growers ETF by 342.7% in the 2nd quarter. Key Financial Inc now owns 549 shares of the company’s stock valued at $34,000 after buying an additional 425 shares in the last quarter. PNC Financial Services Group Inc. acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the fourth quarter valued at $41,000. Anson Capital Inc. purchased a new stake in ProShares Russell 2000 Dividend Growers ETF during the 1st quarter worth about $201,000. J.W. Cole Advisors Inc. increased its position in ProShares Russell 2000 Dividend Growers ETF by 8.9% during 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 in the last quarter. Finally, Heritage Wealth Management Inc. acquired a new position in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at about $294,000.

ProShares Russell 2000 Dividend Growers ETF Price Performance

ProShares Russell 2000 Dividend Growers ETF stock opened at $69.90 on Friday. The firm’s 50-day moving average is $68.35 and its two-hundred day moving average is $65.25. The stock has a market capitalization of $852.78 million, a P/E ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a 12-month low of $51.23 and a 12-month high of $58.30.

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.