Cetera Advisors LLC Invests $4.75 Million in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Cetera Advisors LLC purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 74,199 shares of the company’s stock, valued at approximately $4,750,000.

Several other large investors also recently made changes to their positions in the stock. PFG Investments LLC boosted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 1.2% during the 1st quarter. PFG Investments LLC now owns 17,490 shares of the company’s stock worth $1,120,000 after acquiring an additional 200 shares in the last quarter. New England Private Wealth Advisors LLC boosted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 0.9% during the 4th quarter. New England Private Wealth Advisors LLC now owns 25,708 shares of the company’s stock worth $1,671,000 after acquiring an additional 221 shares in the last quarter. B. Riley Wealth Advisors Inc. lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 3.1% during the 4th quarter. B. Riley Wealth Advisors Inc. now owns 7,839 shares of the company’s stock worth $510,000 after purchasing an additional 233 shares during the last quarter. J.W. Cole Advisors Inc. lifted its position in shares of 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 during the last quarter. Finally, Visionary Wealth Advisors lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 2.8% during the 4th quarter. Visionary Wealth Advisors now owns 16,398 shares of the company’s stock worth $1,066,000 after purchasing an additional 442 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of BATS SMDV traded down $1.30 during trading hours on Friday, hitting $67.86. 156,272 shares of the company’s stock were exchanged. ProShares Russell 2000 Dividend Growers ETF has a 1-year low of $51.23 and a 1-year high of $58.30. The stock has a market capitalization of $827.89 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. The company’s 50-day moving average price is $64.19 and its 200-day moving average price is $62.96.

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.