ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Bought by L.M. Kohn & Company

L.M. Kohn & Company raised its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 5.8% during the third quarter, Holdings Channel reports. The institutional investor owned 8,533 shares of the company’s stock after buying an additional 466 shares during the period. L.M. Kohn & Company’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $591,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of SMDV. Cetera Investment Advisers increased its position in shares of ProShares Russell 2000 Dividend Growers ETF by 9.8% during the first quarter. Cetera Investment Advisers now owns 98,779 shares of the company’s stock worth $6,323,000 after purchasing an additional 8,785 shares in the last quarter. Truist Financial Corp increased its position in shares of ProShares Russell 2000 Dividend Growers ETF by 20.1% during the second quarter. Truist Financial Corp now owns 80,910 shares of the company’s stock worth $5,027,000 after purchasing an additional 13,515 shares in the last quarter. Cetera Advisors LLC acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the first quarter worth about $4,750,000. ForthRight Wealth Management LLC increased its position in shares of ProShares Russell 2000 Dividend Growers ETF by 0.3% during the second quarter. ForthRight Wealth Management LLC now owns 67,162 shares of the company’s stock worth $4,172,000 after purchasing an additional 197 shares in the last quarter. Finally, Sanctuary Advisors LLC acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the second quarter worth about $3,616,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

SMDV opened at $74.89 on Friday. The stock has a market capitalization of $913.66 million, a P/E ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a one year low of $51.23 and a one year high of $58.30. The business’s 50-day simple moving average is $70.60 and its 200-day simple moving average is $67.32.

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.