Royal Bank of Canada Sells 30,915 Shares of ProShares MSCI EAFE Dividend Growers ETF $EFAD

Royal Bank of Canada cut its position in shares of ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) by 76.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 9,787 shares of the company’s stock after selling 30,915 shares during the period. Royal Bank of Canada owned 0.59% of ProShares MSCI EAFE Dividend Growers ETF worth $401,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Jane Street Group LLC increased its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF by 61.6% in the first quarter. Jane Street Group LLC now owns 9,181 shares of the company’s stock valued at $356,000 after purchasing an additional 3,501 shares during the last quarter. Bank of America Corp DE boosted its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF by 45.3% during the 2nd quarter. Bank of America Corp DE now owns 57,561 shares of the company’s stock worth $2,471,000 after buying an additional 17,956 shares during the period. Osaic Holdings Inc. grew its stake in ProShares MSCI EAFE Dividend Growers ETF by 67.8% in the 2nd quarter. Osaic Holdings Inc. now owns 2,376 shares of the company’s stock valued at $102,000 after buying an additional 960 shares during the last quarter. Raymond James Financial Inc. grew its stake in ProShares MSCI EAFE Dividend Growers ETF by 2.9% in the 3rd quarter. Raymond James Financial Inc. now owns 155,466 shares of the company’s stock valued at $6,553,000 after buying an additional 4,389 shares during the last quarter. Finally, Flow Traders U.S. LLC bought a new position in ProShares MSCI EAFE Dividend Growers ETF in the 3rd quarter valued at about $1,565,000.

ProShares MSCI EAFE Dividend Growers ETF Stock Down 0.7%

ProShares MSCI EAFE Dividend Growers ETF stock opened at $45.28 on Thursday. The company’s 50-day moving average price is $43.65 and its two-hundred day moving average price is $42.79. The stock has a market cap of $75.16 million, a P/E ratio of 21.63 and a beta of 0.77. ProShares MSCI EAFE Dividend Growers ETF has a twelve month low of $39.53 and a twelve month high of $45.58.

About ProShares MSCI EAFE Dividend Growers ETF

The ProShares MSCI EAFE Dividend Growers ETF (EFAD) is an exchange-traded fund that is based on the MSCI EAFE Dividend Masters index. The fund tracks an equally weighted broad-market index of developed-market companies, ex-North America, that have raised their dividend for each of the past 10 years. EFAD was launched on Aug 19, 2014 and is managed by ProShares.