ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Acquired by New England Private Wealth Advisors LLC

New England Private Wealth Advisors LLC lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 0.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 30,024 shares of the company’s stock after acquiring an additional 182 shares during the period. New England Private Wealth Advisors LLC owned 0.25% of ProShares Russell 2000 Dividend Growers ETF worth $2,032,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Mainstream Capital Management LLC acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth $26,000. US Bancorp DE purchased a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter valued at about $27,000. Ameliora Wealth Management Ltd. acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the fourth quarter valued at about $34,000. Palisade Asset Management LLC acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the third quarter worth about $215,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new position in ProShares Russell 2000 Dividend Growers ETF in the fourth quarter valued at about $250,000.

ProShares Russell 2000 Dividend Growers ETF Stock Down 0.4 %

SMDV stock opened at $66.48 on Wednesday. The company has a market capitalization of $693.33 million, a PE ratio of 18.08 and a beta of 0.85. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $59.13 and a 52-week high of $76.90. The stock’s 50 day moving average is $68.13 and its two-hundred day moving average is $69.54.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.5398 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.