ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Hits New 1-Year High at $63.91

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) shares hit a new 52-week high on Monday . The company traded as high as $63.91 and last traded at $63.09, with a volume of 54028 shares changing hands. The stock had previously closed at $63.56.

ProShares Russell 2000 Dividend Growers ETF Trading Up 0.7 %

The stock’s fifty day moving average price is $62.67 and its two-hundred day moving average price is $62.28. The firm has a market capitalization of $765.43 million, a price-to-earnings ratio of 15.39 and a beta of 0.96.

Institutional Investors Weigh In On ProShares Russell 2000 Dividend Growers ETF

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Total Clarity Wealth Management Inc. raised its stake in ProShares Russell 2000 Dividend Growers ETF by 5.0% during the 4th quarter. Total Clarity Wealth Management Inc. now owns 7,439 shares of the company’s stock worth $484,000 after acquiring an additional 354 shares in the last quarter. Blair William & Co. IL grew its position in ProShares Russell 2000 Dividend Growers ETF by 29.3% during the 3rd quarter. Blair William & Co. IL now owns 6,235 shares of the company’s stock worth $353,000 after purchasing an additional 1,414 shares during the last quarter. Northwest Financial Advisors purchased a new position in ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth $864,000. Landmark Wealth Management LLC grew its position in ProShares Russell 2000 Dividend Growers ETF by 7.8% during the 4th quarter. Landmark Wealth Management LLC now owns 42,802 shares of the company’s stock worth $2,783,000 after purchasing an additional 3,105 shares during the last quarter. Finally, Scissortail Wealth Management LLC purchased a new position in ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth $299,000.

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.