ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Sets New 52-Week High at $60.84

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)’s share price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $60.84 and last traded at $60.01, with a volume of 65708 shares. The stock had previously closed at $60.25.

ProShares Russell 2000 Dividend Growers ETF Trading Down 0.4 %

The company has a market cap of $728.80 million, a P/E ratio of 15.56 and a beta of 1.00. The business has a 50 day moving average price of $61.93 and a 200-day moving average price of $60.52.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in SMDV. HighTower Advisors LLC increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 11.3% during the 1st quarter. HighTower Advisors LLC now owns 4,200 shares of the company’s stock worth $270,000 after acquiring an additional 428 shares during the last quarter. Private Advisor Group LLC increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 87.0% during the 1st quarter. Private Advisor Group LLC now owns 11,561 shares of the company’s stock worth $747,000 after acquiring an additional 5,380 shares during the last quarter. Insight Advisors LLC PA increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 16.1% during the 1st quarter. Insight Advisors LLC PA now owns 64,103 shares of the company’s stock worth $4,141,000 after acquiring an additional 8,875 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 11.2% during the 1st quarter. Baird Financial Group Inc. now owns 38,036 shares of the company’s stock worth $2,457,000 after acquiring an additional 3,818 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 36.9% during the 1st quarter. Nations Financial Group Inc. IA ADV now owns 6,638 shares of the company’s stock worth $429,000 after acquiring an additional 1,790 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.