ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Sanctuary Advisors LLC

Sanctuary Advisors LLC lowered its stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,555 shares of the company’s stock after selling 1,094 shares during the period. Sanctuary Advisors LLC owned 0.45% of ProShares Russell 2000 Dividend Growers ETF worth $3,764,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Pinnacle Associates Ltd. raised its stake in ProShares Russell 2000 Dividend Growers ETF by 477.5% in the 3rd quarter. Pinnacle Associates Ltd. now owns 18,873 shares of the company’s stock worth $1,227,000 after acquiring an additional 15,605 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 58.9% in the third quarter. JPMorgan Chase & Co. now owns 29,024 shares of the company’s stock valued at $2,010,000 after purchasing an additional 10,760 shares during the period. United Advisor Group LLC increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 16.7% in the third quarter. United Advisor Group LLC now owns 41,232 shares of the company’s stock valued at $2,856,000 after purchasing an additional 5,906 shares during the period. Benjamin Edwards Inc. purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the third quarter worth about $353,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $250,000.

ProShares Russell 2000 Dividend Growers ETF Stock Up 2.7 %

Shares of BATS SMDV opened at $68.54 on Friday. ProShares Russell 2000 Dividend Growers ETF has a 52 week low of $51.23 and a 52 week high of $58.30. The business’s 50 day moving average price is $68.54 and its 200 day moving average price is $69.39. The firm has a market cap of $836.22 million, a P/E ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.5398 dividend. The ex-dividend date was Monday, December 23rd.

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.