JPMorgan Chase & Co. Decreases Stock Position in ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD)

JPMorgan Chase & Co. cut its stake in shares of ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) by 92.0% in the third quarter, Holdings Channel.com reports. The institutional investor owned 3,263 shares of the company’s stock after selling 37,433 shares during the quarter. JPMorgan Chase & Co.’s holdings in ProShares MSCI EAFE Dividend Growers ETF were worth $137,000 as of its most recent filing with the Securities and Exchange Commission.

Separately, Sanctuary Advisors LLC purchased a new stake in shares of ProShares MSCI EAFE Dividend Growers ETF in the 2nd quarter worth $611,000.

ProShares MSCI EAFE Dividend Growers ETF Price Performance

BATS:EFAD opened at $38.26 on Monday. The firm has a market capitalization of $81.48 million, a price-to-earnings ratio of 21.05 and a beta of 0.72. ProShares MSCI EAFE Dividend Growers ETF has a one year low of $33.18 and a one year high of $40.40. The business has a fifty day moving average price of $37.82 and a 200-day moving average price of $39.27.

ProShares MSCI EAFE 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 $0.3302 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares MSCI EAFE Dividend Growers ETF Company Profile

The ProShares MSCI EAFE Dividend Growers ETF (EFAD) is an exchange-traded fund that is based on the MSCI EAFE Dividend Masters index. The fund tracks an equally weighted broad-market index of developed-market companies, ex-North America, that have raised their dividend for each of the past 10 years. EFAD was launched on Aug 19, 2014 and is managed by ProShares.