ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Great Valley Advisor Group Inc.

Great Valley Advisor Group Inc. decreased its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 12.9% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 4,033 shares of the company’s stock after selling 599 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $262,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in SMDV. GPS Wealth Strategies Group LLC lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 15.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 2,025 shares of the company’s stock valued at $115,000 after buying an additional 270 shares in the last quarter. Anchor Investment Management LLC purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 4th quarter valued at approximately $124,000. J.W. Cole Advisors Inc. purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 4th quarter valued at approximately $216,000. Citigroup Inc. lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 9.0% during the 3rd quarter. Citigroup Inc. now owns 4,302 shares of the company’s stock valued at $243,000 after buying an additional 355 shares in the last quarter. Finally, MWA Asset Management purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 3rd quarter valued at approximately $253,000.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of BATS:SMDV opened at $63.17 on Tuesday. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $51.23 and a 1 year high of $58.30. The firm has a market capitalization of $770.67 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. The business’s 50 day moving average price is $61.86 and its 200-day moving average price is $61.04.

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.