ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Sets New 1-Year High at $68.03

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 $68.03 and last traded at $67.86, with a volume of 56070 shares traded. The stock had previously closed at $67.49.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

The firm has a market cap of $827.83 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. The stock’s 50 day simple moving average is $64.87 and its 200-day simple moving average is $63.21.

Institutional Trading of ProShares Russell 2000 Dividend Growers ETF

Institutional investors have recently bought and sold shares of the company. Cetera Advisors LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the first quarter valued at about $4,750,000. Mercer Global Advisors Inc. ADV purchased a new stake in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at approximately $1,107,000. Arkadios Wealth Advisors acquired a new stake in ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter valued at $861,000. Northwest Financial Advisors acquired a new stake in ProShares Russell 2000 Dividend Growers ETF during the 4th quarter valued at $864,000. Finally, Toth Financial Advisory Corp increased its position in ProShares Russell 2000 Dividend Growers ETF by 7.2% during the first quarter. Toth Financial Advisory Corp now owns 191,886 shares of the company’s stock worth $12,284,000 after buying an additional 12,902 shares in 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.