Wealth Enhancement Advisory Services LLC Has $391,000 Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Wealth Enhancement Advisory Services LLC lifted its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 11.9% during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 5,955 shares of the company’s stock after acquiring an additional 632 shares during the period. Wealth Enhancement Advisory Services LLC owned approximately 0.06% of ProShares Russell 2000 Dividend Growers ETF worth $391,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. US Bancorp DE bought a new stake in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $27,000. Nemes Rush Group LLC bought a new stake in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $34,000. Tower Research Capital LLC TRC bought a new stake in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $63,000. Waverly Advisors LLC lifted its position in ProShares Russell 2000 Dividend Growers ETF by 13.5% during the fourth quarter. Waverly Advisors LLC now owns 3,662 shares of the company’s stock worth $248,000 after purchasing an additional 436 shares during the period. Finally, Bay Capital Advisors LLC bought a new stake in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $298,000.

ProShares Russell 2000 Dividend Growers ETF Stock Up 1.6%

SMDV opened at $67.79 on Monday. The stock has a market capitalization of $680.61 million, a price-to-earnings ratio of 16.56 and a beta of 0.84. ProShares Russell 2000 Dividend Growers ETF has a twelve month low of $57.98 and a twelve month high of $76.90. The company has a 50-day simple moving average of $64.63 and a 200 day simple moving average of $65.88.

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.