ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Sets New 12-Month High – Here’s What Happened

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)’s stock price hit a new 52-week high during trading on Monday . The stock traded as high as $69.23 and last traded at $69.14, with a volume of 20962 shares trading hands. The stock had previously closed at $68.05.

ProShares Russell 2000 Dividend Growers ETF Stock Up 1.6 %

The stock’s fifty day moving average price is $68.57 and its two-hundred day moving average price is $65.47. The company has a market capitalization of $843.51 million, a PE ratio of 15.39 and a beta of 0.96.

Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF

Several large investors have recently bought and sold shares of the stock. ForthRight Wealth Management LLC boosted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 0.3% in the 2nd quarter. ForthRight Wealth Management LLC now owns 67,162 shares of the company’s stock valued at $4,172,000 after purchasing an additional 197 shares during the period. Anson Capital Inc. boosted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 8.3% in the second quarter. Anson Capital Inc. now owns 3,394 shares of the company’s stock valued at $211,000 after acquiring an additional 259 shares during the period. J.W. Cole Advisors Inc. grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 8.9% during the first quarter. J.W. Cole Advisors Inc. now owns 3,623 shares of the company’s stock worth $232,000 after acquiring an additional 297 shares during the last quarter. Key Financial Inc increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 342.7% in the 2nd quarter. Key Financial Inc now owns 549 shares of the company’s stock valued at $34,000 after acquiring an additional 425 shares during the period. Finally, Oppenheimer & Co. Inc. raised its position in ProShares Russell 2000 Dividend Growers ETF by 1.7% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 32,087 shares of the company’s stock valued at $1,993,000 after purchasing an additional 523 shares during the last quarter.

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.