ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Hits New 1-Year High at $63.36

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $63.36 and last traded at $63.17, with a volume of 57214 shares traded. The stock had previously closed at $62.75.

ProShares Russell 2000 Dividend Growers ETF Stock Up 0.7 %

The stock has a market capitalization of $770.67 million, a PE ratio of 15.39 and a beta of 0.96. The business’s 50-day moving average is $61.86 and its two-hundred day moving average is $61.04.

Institutional Trading of ProShares Russell 2000 Dividend Growers ETF

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Arlington Trust Co LLC grew its stake in ProShares Russell 2000 Dividend Growers ETF by 309.0% during the 4th quarter. Arlington Trust Co LLC now owns 149,020 shares of the company’s stock worth $9,688,000 after buying an additional 112,582 shares during the last quarter. UBS Group AG increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 17.1% in the 3rd quarter. UBS Group AG now owns 462,361 shares of the company’s stock valued at $26,160,000 after acquiring an additional 67,477 shares during the period. Capital Investment Advisors LLC raised its position in ProShares Russell 2000 Dividend Growers ETF by 2.5% in the 4th quarter. Capital Investment Advisors LLC now owns 1,874,360 shares of the company’s stock valued at $121,852,000 after purchasing an additional 46,504 shares during the last quarter. LPL Financial LLC boosted its stake in ProShares Russell 2000 Dividend Growers ETF by 20.2% during the 3rd quarter. LPL Financial LLC now owns 258,815 shares of the company’s stock worth $14,644,000 after purchasing an additional 43,451 shares during the period. Finally, Trueblood Wealth Management LLC acquired a new stake in ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth $907,000.

ProShares Russell 2000 Dividend Growers ETF Company 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.