Arlington Trust Co LLC Reduces Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Arlington Trust Co LLC decreased its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.1% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 148,002 shares of the company’s stock after selling 3,149 shares during the quarter. ProShares Russell 2000 Dividend Growers ETF makes up about 2.2% of Arlington Trust Co LLC’s holdings, making the stock its 11th largest position. Arlington Trust Co LLC owned 1.21% of ProShares Russell 2000 Dividend Growers ETF worth $10,251,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Creative Financial Designs Inc. ADV raised its position in shares of ProShares Russell 2000 Dividend Growers ETF by 11.4% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock worth $202,000 after purchasing an additional 298 shares during the last quarter. Pinnacle Associates Ltd. grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 477.5% during the third quarter. Pinnacle Associates Ltd. now owns 18,873 shares of the company’s stock valued at $1,227,000 after acquiring an additional 15,605 shares in the last quarter. CWC Advisors LLC. bought a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the third quarter worth about $225,000. Trueblood Wealth Management LLC lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 9.6% during the third quarter. Trueblood Wealth Management LLC now owns 15,289 shares of the company’s stock worth $1,059,000 after purchasing an additional 1,341 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 6.1% during the third quarter. Hennion & Walsh Asset Management Inc. now owns 11,455 shares of the company’s stock worth $793,000 after purchasing an additional 656 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Trading Down 0.0 %

BATS SMDV traded down $0.02 during trading hours on Friday, reaching $68.07. The company’s stock had a trading volume of 11,227 shares. The business has a 50-day simple moving average of $68.64 and a 200 day simple moving average of $65.72. The stock has a market cap of $830.45 million, a PE ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a 52 week low of $51.23 and a 52 week high of $58.30.

ProShares Russell 2000 Dividend Growers ETF 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.