WT Wealth Management decreased its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV – Free Report) by 3.5% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 12,354 shares of the company’s stock after selling 442 shares during the period. WT Wealth Management’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $836,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Raymond James & Associates raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 7.3% during the third quarter. Raymond James & Associates now owns 47,027 shares of the company’s stock valued at $3,257,000 after purchasing an additional 3,198 shares during the period. Pinnacle Associates Ltd. raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 477.5% during the third quarter. Pinnacle Associates Ltd. now owns 18,873 shares of the company’s stock valued at $1,227,000 after purchasing an additional 15,605 shares during the period. Creative Financial Designs Inc. ADV raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 11.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock valued at $202,000 after purchasing an additional 298 shares during the period. United Advisor Group LLC raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 16.7% during the third quarter. United Advisor Group LLC now owns 41,232 shares of the company’s stock valued at $2,856,000 after purchasing an additional 5,906 shares during the period. Finally, Nations Financial Group Inc. IA ADV raised its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 6.2% during the third quarter. Nations Financial Group Inc. IA ADV now owns 14,197 shares of the company’s stock valued at $983,000 after purchasing an additional 829 shares during the period.
ProShares Russell 2000 Dividend Growers ETF Trading Up 3.2 %
Shares of BATS SMDV opened at $68.86 on Thursday. The firm’s 50-day moving average price is $68.25 and its 200-day moving average price is $69.50. 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 market capitalization of $718.24 million, a P/E ratio of 18.08 and a beta of 0.85.
ProShares Russell 2000 Dividend Growers ETF Announces Dividend
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.
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