ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Stock Price Up 13% – Here’s What Happened

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV)’s stock price shot up 13% during mid-day trading on Monday . The company traded as high as $68.37 and last traded at $76.73. 28,607 shares were traded during trading, an increase of 163% from the average session volume of 10,892 shares. The stock had previously closed at $67.88.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

The business has a 50-day moving average of $72.01 and a 200-day moving average of $75.43. The stock has a market capitalization of $237.09 million, a price-to-earnings ratio of 27.92 and a beta of 1.07.

Institutional Trading of ProShares S&P Technology Dividend Aristocrats ETF

Several institutional investors and hedge funds have recently added to or reduced their stakes in TDV. JPMorgan Chase & Co. grew its stake in shares of ProShares S&P Technology Dividend Aristocrats ETF by 21.8% in the 3rd quarter. JPMorgan Chase & Co. now owns 3,610 shares of the company’s stock valued at $278,000 after purchasing an additional 647 shares during the last quarter. AMJ Financial Wealth Management lifted its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 11.3% during the fourth quarter. AMJ Financial Wealth Management now owns 12,063 shares of the company’s stock worth $910,000 after purchasing an additional 1,225 shares during the period. Coston McIsaac & Partners lifted its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 24.5% during the fourth quarter. Coston McIsaac & Partners now owns 22,614 shares of the company’s stock worth $1,705,000 after purchasing an additional 4,448 shares during the period. Finally, OLD Mission Capital LLC grew its position in ProShares S&P Technology Dividend Aristocrats ETF by 42.5% in the 4th quarter. OLD Mission Capital LLC now owns 17,295 shares of the company’s stock valued at $1,305,000 after buying an additional 5,161 shares during the last quarter.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.