ForthRight Wealth Management LLC Decreases Stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

ForthRight Wealth Management LLC lessened its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 1.9% during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 65,867 shares of the company’s stock after selling 1,295 shares during the period. ProShares Russell 2000 Dividend Growers ETF makes up approximately 1.5% of ForthRight Wealth Management LLC’s portfolio, making the stock its 14th biggest holding. ForthRight Wealth Management LLC owned 0.54% of ProShares Russell 2000 Dividend Growers ETF worth $4,562,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Anson Capital Inc. boosted its position in 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 worth $211,000 after purchasing an additional 259 shares during the last quarter. J.W. Cole Advisors Inc. boosted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 8.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 3,623 shares of the company’s stock worth $232,000 after buying an additional 297 shares during the last quarter. Key Financial Inc grew its position in ProShares Russell 2000 Dividend Growers ETF by 342.7% during the second quarter. Key Financial Inc now owns 549 shares of the company’s stock valued at $34,000 after buying an additional 425 shares during the period. Oppenheimer & Co. Inc. increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 1.7% during the second quarter. Oppenheimer & Co. Inc. now owns 32,087 shares of the company’s stock worth $1,993,000 after buying an additional 523 shares during the last quarter. Finally, PNC Financial Services Group Inc. bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the fourth quarter worth about $41,000.

ProShares Russell 2000 Dividend Growers ETF Stock Down 1.2 %

ProShares Russell 2000 Dividend Growers ETF stock opened at $68.09 on Friday. The firm has a 50 day moving average price of $68.67 and a 200-day moving average price of $65.67. ProShares Russell 2000 Dividend Growers ETF has a twelve month low of $51.23 and a twelve month high of $58.30. The company has a market capitalization of $830.70 million, a P/E ratio of 15.39 and a beta of 0.96.

About ProShares Russell 2000 Dividend Growers ETF

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.