Palisade Asset Management LLC Takes Position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Palisade Asset Management LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,100 shares of the company’s stock, valued at approximately $215,000.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the stock. ForthRight Wealth Management LLC increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 0.3% in the second quarter. ForthRight Wealth Management LLC now owns 67,162 shares of the company’s stock valued at $4,172,000 after purchasing an additional 197 shares during the last quarter. Anson Capital Inc. increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 8.3% in the second quarter. Anson Capital Inc. now owns 3,394 shares of the company’s stock worth $211,000 after acquiring an additional 259 shares in the last quarter. Creative Financial Designs Inc. ADV increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 11.4% in the third quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock worth $202,000 after acquiring an additional 298 shares in the last quarter. Key Financial Inc increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 342.7% in the second quarter. Key Financial Inc now owns 549 shares of the company’s stock worth $34,000 after acquiring an additional 425 shares in the last quarter. Finally, Oppenheimer & Co. Inc. increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 1.7% in the second quarter. Oppenheimer & Co. Inc. now owns 32,087 shares of the company’s stock worth $1,993,000 after acquiring an additional 523 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of ProShares Russell 2000 Dividend Growers ETF stock opened at $74.97 on Friday. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $51.23 and a 1 year high of $58.30. The business has a 50-day moving average of $70.03 and a two-hundred day moving average of $66.93. The company has a market capitalization of $914.63 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.