ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Shares Up 1.1% – Still a Buy?

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) shares were up 1.1% during mid-day trading on Tuesday . The company traded as high as $90.25 and last traded at $89.49. Approximately 14,778 shares changed hands during trading, an increase of 90% from the average daily volume of 7,772 shares. The stock had previously closed at $88.55.

ProShares S&P Technology Dividend Aristocrats ETF Price Performance

The firm’s 50-day moving average price is $89.32 and its 200 day moving average price is $87.29. The firm has a market capitalization of $277.10 million, a price-to-earnings ratio of 28.94 and a beta of 1.08.

Institutional Investors Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

A number of large investors have recently bought and sold shares of TDV. Sound Income Strategies LLC acquired a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF in the fourth quarter worth $62,000. Farther Finance Advisors LLC purchased a new stake in ProShares S&P Technology Dividend Aristocrats ETF during the 4th quarter worth about $131,000. Rossby Financial LCC purchased a new stake in ProShares S&P Technology Dividend Aristocrats ETF during the 4th quarter worth about $427,000. Janney Montgomery Scott LLC raised its stake in ProShares S&P Technology Dividend Aristocrats ETF by 8.6% in the 4th quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock valued at $894,000 after purchasing an additional 815 shares during the last quarter. Finally, AMJ Financial Wealth Management lifted its holdings in ProShares S&P Technology Dividend Aristocrats ETF by 1.6% in the 3rd quarter. AMJ Financial Wealth Management now owns 10,826 shares of the company’s stock valued at $936,000 after purchasing an additional 173 shares in the last quarter.

About ProShares S&P Technology Dividend Aristocrats ETF

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.