ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Stock Price Up 0.3% – Should You Buy?

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV)’s share price were up 0.3% during trading on Monday . The company traded as high as $104.80 and last traded at $104.45. 3,562 shares were traded during trading, a decline of 52% from the average session volume of 7,496 shares. The stock had previously closed at $104.10.

ProShares S&P Technology Dividend Aristocrats ETF Stock Up 0.3%

The stock has a market cap of $320.66 million, a P/E ratio of 28.94 and a beta of 1.08. The firm has a 50 day simple moving average of $98.99 and a 200-day simple moving average of $92.02.

Hedge Funds Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in TDV. Coston McIsaac & Partners increased its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 20.2% in the fourth quarter. Coston McIsaac & Partners now owns 32,720 shares of the company’s stock valued at $2,832,000 after purchasing an additional 5,510 shares during the last quarter. Rossby Financial LCC acquired a new position in ProShares S&P Technology Dividend Aristocrats ETF in the 4th quarter valued at about $427,000. Janney Montgomery Scott LLC lifted its position in ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock worth $894,000 after acquiring an additional 815 shares during the last quarter. NewEdge Advisors LLC lifted its position in ProShares S&P Technology Dividend Aristocrats ETF by 231.8% during the third quarter. NewEdge Advisors LLC now owns 28,610 shares of the company’s stock worth $2,475,000 after acquiring an additional 19,988 shares during the last quarter. Finally, Ascentis Independent Advisors boosted its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 332.6% during the first quarter. Ascentis Independent Advisors now owns 20,333 shares of the company’s stock worth $1,722,000 after acquiring an additional 15,633 shares during the period.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.