ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Sets New 52-Week High at $69.03

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)’s stock price reached a new 52-week high on Monday . The stock traded as high as $69.03 and last traded at $68.93, with a volume of 91677 shares. The stock had previously closed at $67.88.

ProShares Russell 2000 Dividend Growers ETF Trading Up 1.6 %

The firm’s 50 day moving average price is $63.14 and its two-hundred day moving average price is $62.50. The company has a market capitalization of $841.19 million, a price-to-earnings ratio of 15.39 and a beta of 0.96.

Institutional Trading of ProShares Russell 2000 Dividend Growers ETF

Institutional investors have recently modified their holdings of the stock. Citigroup Inc. grew its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 9.0% during the 3rd quarter. Citigroup Inc. now owns 4,302 shares of the company’s stock valued at $243,000 after purchasing an additional 355 shares during the last quarter. IFG Advisory LLC raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 3.1% in the 4th quarter. IFG Advisory LLC now owns 52,958 shares of the company’s stock worth $3,443,000 after acquiring an additional 1,570 shares during the last quarter. Trueblood Wealth Management LLC bought a new position in ProShares Russell 2000 Dividend Growers ETF during the 4th quarter valued at $907,000. Atlas Brown Inc. boosted its holdings in ProShares Russell 2000 Dividend Growers ETF by 4.0% during the fourth quarter. Atlas Brown Inc. now owns 5,369 shares of the company’s stock worth $349,000 after purchasing an additional 205 shares during the last quarter. Finally, Pinnacle Associates Ltd. boosted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 59.0% in the 4th quarter. Pinnacle Associates Ltd. now owns 18,873 shares of the company’s stock worth $1,227,000 after buying an additional 7,000 shares during the last quarter.

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.