4,692 Shares in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Acquired by Scissortail Wealth Management LLC

Scissortail Wealth Management LLC acquired a new position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 4,692 shares of the company’s stock, valued at approximately $299,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in SMDV. Franklin Resources Inc. purchased a new position in ProShares Russell 2000 Dividend Growers ETF during the second quarter valued at approximately $43,000. Money Concepts Capital Corp purchased a new position in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter valued at approximately $91,000. Anchor Investment Management LLC purchased a new position in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter valued at approximately $124,000. GPS Wealth Strategies Group LLC lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 15.4% in the third quarter. GPS Wealth Strategies Group LLC now owns 2,025 shares of the company’s stock worth $115,000 after buying an additional 270 shares in the last quarter. Finally, Citigroup Inc. lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 81.7% in the first quarter. Citigroup Inc. now owns 3,224 shares of the company’s stock worth $197,000 after buying an additional 1,450 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of SMDV stock traded down $0.46 during mid-day trading on Wednesday, hitting $59.55. The company had a trading volume of 96,849 shares. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $51.23 and a 52-week high of $58.30. The stock’s 50 day moving average price is $61.93 and its 200-day moving average price is $60.52. The company has a market capitalization of $731.87 million, a P/E ratio of 15.56 and a beta of 1.00.

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.