World Investment Advisors LLC Grows Stock Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

World Investment Advisors LLC lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 12.5% during the third quarter, Holdings Channel reports. The institutional investor owned 7,951 shares of the company’s stock after purchasing an additional 886 shares during the period. World Investment Advisors LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $551,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of SMDV. Heritage Wealth Management Inc. bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at $294,000. Creekside Partners bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at $301,000. Raymond James & Associates increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 7.3% in the 3rd quarter. Raymond James & Associates now owns 47,027 shares of the company’s stock valued at $3,257,000 after acquiring an additional 3,198 shares during the last quarter. Oppenheimer & Co. Inc. increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 1.7% in the 2nd quarter. Oppenheimer & Co. Inc. now owns 32,087 shares of the company’s stock valued at $1,993,000 after acquiring an additional 523 shares during the last quarter. Finally, L.M. Kohn & Company increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 5.8% in the 3rd quarter. L.M. Kohn & Company now owns 8,533 shares of the company’s stock valued at $591,000 after acquiring an additional 466 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

Shares of BATS SMDV opened at $71.72 on Wednesday. The firm’s fifty day moving average is $71.81 and its two-hundred day moving average is $68.16. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $51.23 and a 52-week high of $58.30. The company has a market cap of $874.98 million, a P/E ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Company Profile

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.