ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC lessened its holdings in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 10.0% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 5,070 shares of the company’s stock after selling 565 shares during the quarter. Acorn Wealth Advisors LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $343,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in the business. Ameliora Wealth Management Ltd. acquired a new position in ProShares Russell 2000 Dividend Growers ETF in the fourth quarter valued at $34,000. Creative Financial Designs Inc. ADV grew its holdings in ProShares Russell 2000 Dividend Growers ETF by 11.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock valued at $202,000 after buying an additional 298 shares during the period. Palisade Asset Management LLC acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 3rd quarter valued at about $215,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth about $250,000. Finally, Benjamin Edwards Inc. acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the third quarter worth approximately $353,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

ProShares Russell 2000 Dividend Growers ETF stock opened at $68.41 on Tuesday. The company has a market cap of $834.63 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $51.23 and a 1 year high of $58.30. The firm has a 50 day moving average price of $68.45 and a 200 day moving average price of $69.46.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a dividend of $0.5398 per share. The ex-dividend date was Monday, December 23rd.

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.