ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Stock Price Up 3.3% – Here’s What Happened

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV)’s stock price rose 3.3% on Wednesday . The company traded as high as $89.15 and last traded at $88.98. Approximately 3,943 shares traded hands during mid-day trading, a decline of 51% from the average daily volume of 8,107 shares. The stock had previously closed at $86.14.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

The firm has a market capitalization of $273.17 million, a P/E ratio of 28.94 and a beta of 1.08. The business’s fifty day moving average price is $87.73 and its two-hundred day moving average price is $87.60.

Hedge Funds Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Coston McIsaac & Partners raised its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 20.2% in the 4th quarter. Coston McIsaac & Partners now owns 32,720 shares of the company’s stock valued at $2,832,000 after purchasing an additional 5,510 shares during the last quarter. NewEdge Advisors LLC raised its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 231.8% in the 3rd quarter. NewEdge Advisors LLC now owns 28,610 shares of the company’s stock valued at $2,475,000 after purchasing an additional 19,988 shares during the last quarter. AMJ Financial Wealth Management raised its position in shares of 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 during the last quarter. Janney Montgomery Scott LLC raised its position in shares of 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, Rossby Financial LCC purchased a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF in the 4th quarter valued at approximately $427,000.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

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.