Nemes Rush Group LLC Acquires New Stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Nemes Rush Group LLC bought a new stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 507 shares of the company’s stock, valued at approximately $34,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Bay Capital Advisors LLC acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth $298,000. LPL Financial LLC boosted its stake in ProShares Russell 2000 Dividend Growers ETF by 7.6% in the 4th quarter. LPL Financial LLC now owns 260,795 shares of the company’s stock worth $17,648,000 after buying an additional 18,411 shares during the last quarter. Creative Financial Designs Inc. ADV grew its holdings in ProShares Russell 2000 Dividend Growers ETF by 130.3% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 6,705 shares of the company’s stock valued at $454,000 after buying an additional 3,793 shares during the period. Commonwealth Equity Services LLC increased its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 5.0% during the 4th quarter. Commonwealth Equity Services LLC now owns 89,121 shares of the company’s stock valued at $6,031,000 after acquiring an additional 4,256 shares during the last quarter. Finally, New England Private Wealth Advisors LLC lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 0.6% during the 4th quarter. New England Private Wealth Advisors LLC now owns 30,024 shares of the company’s stock worth $2,032,000 after acquiring an additional 182 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

ProShares Russell 2000 Dividend Growers ETF stock opened at $65.82 on Thursday. The firm has a 50 day moving average price of $67.87 and a 200 day moving average price of $69.31. The company has a market cap of $677.95 million, a price-to-earnings ratio of 17.45 and a beta of 0.80. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $59.13 and a 1 year high of $76.90.

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.