CFS Investment Advisory Services LLC Sells 17,044 Shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

CFS Investment Advisory Services LLC reduced its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDVFree Report) by 62.9% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 10,053 shares of the company’s stock after selling 17,044 shares during the quarter. CFS Investment Advisory Services LLC owned about 0.07% of ProShares Russell 2000 Dividend Growers ETF worth $654,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in SMDV. Oppenheimer & Co. Inc. lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 5.9% in the 3rd quarter. Oppenheimer & Co. Inc. now owns 24,724 shares of the company’s stock valued at $1,399,000 after purchasing an additional 1,378 shares during the period. Howe & Rusling Inc. lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 3.8% in the 3rd quarter. Howe & Rusling Inc. now owns 5,236 shares of the company’s stock valued at $296,000 after purchasing an additional 190 shares during the period. UBS Group AG lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 17.1% in the 3rd quarter. UBS Group AG now owns 462,361 shares of the company’s stock valued at $26,160,000 after purchasing an additional 67,477 shares during the period. Blair William & Co. IL lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 29.3% in the 3rd quarter. Blair William & Co. IL now owns 6,235 shares of the company’s stock valued at $353,000 after purchasing an additional 1,414 shares during the period. Finally, LPL Financial LLC lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 20.2% in the 3rd quarter. LPL Financial LLC now owns 258,815 shares of the company’s stock valued at $14,644,000 after purchasing an additional 43,451 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

Shares of SMDV traded down $0.55 on Friday, reaching $61.91. The stock had a trading volume of 97,893 shares. The firm has a market capitalization of $755.30 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. The company has a 50-day simple moving average of $62.62 and a 200-day simple moving average of $62.35. ProShares Russell 2000 Dividend Growers ETF has a 12-month low of $51.23 and a 12-month high of $58.30.

ProShares Russell 2000 Dividend Growers ETF Company Profile

(Free Report)

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.

See Also

Institutional Ownership by Quarter for ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Receive News & Ratings for ProShares Russell 2000 Dividend Growers ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Russell 2000 Dividend Growers ETF and related companies with MarketBeat.com's FREE daily email newsletter.