ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Stock Position Lifted by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.8% during the fourth quarter, Holdings Channel.com reports. The firm owned 11,776 shares of the company’s stock after acquiring an additional 321 shares during the period. Hennion & Walsh Asset Management Inc.’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $797,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of SMDV. Creative Financial Designs Inc. ADV raised its position in shares of ProShares Russell 2000 Dividend Growers ETF by 11.4% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock worth $202,000 after buying an additional 298 shares in the last quarter. Palisade Asset Management LLC bought a new stake in ProShares Russell 2000 Dividend Growers ETF during the third quarter worth approximately $215,000. CWC Advisors LLC. acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the third quarter worth approximately $225,000. Heritage Wealth Management Inc. acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the second quarter worth approximately $294,000. Finally, Creekside Partners bought a new position in ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter valued at $301,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

SMDV opened at $68.23 on Monday. The stock’s fifty day moving average is $70.91 and its 200-day moving average is $69.09. ProShares Russell 2000 Dividend Growers ETF has a one year low of $51.23 and a one year high of $58.30. The company has a market capitalization of $832.35 million, a PE ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.5398 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.