ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Stock Price Down 0% – Time to Sell?

Shares of ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) fell 0% during trading on Friday . The stock traded as low as $83.05 and last traded at $83.52. 16,691 shares changed hands during mid-day trading, an increase of 61% from the average session volume of 10,357 shares. The stock had previously closed at $83.53.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

The firm’s 50-day moving average is $83.04 and its 200 day moving average is $77.56. The stock has a market cap of $256.42 million, a PE ratio of 28.94 and a beta of 1.08.

Institutional Inflows and Outflows

A hedge fund recently raised its stake in ProShares S&P Technology Dividend Aristocrats ETF stock. Nova Wealth Management Inc. raised its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) by 190.6% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,399 shares of the company’s stock after buying an additional 2,885 shares during the period. Nova Wealth Management Inc. owned about 0.14% of ProShares S&P Technology Dividend Aristocrats ETF worth $366,000 at the end of the most recent reporting period.

About ProShares S&P Technology Dividend Aristocrats ETF

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.