ProShares MSCI EAFE Dividend Growers ETF $EFAD Shares Sold by Cetera Investment Advisers

Cetera Investment Advisers cut its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF (BATS:EFAD) by 2.2% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 72,467 shares of the company’s stock after selling 1,668 shares during the period. Cetera Investment Advisers owned about 4.37% of ProShares MSCI EAFE Dividend Growers ETF worth $3,110,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Key Financial Inc boosted its holdings in ProShares MSCI EAFE Dividend Growers ETF by 67.8% in the second quarter. Key Financial Inc now owns 47,552 shares of the company’s stock worth $2,041,000 after purchasing an additional 19,217 shares during the period. Anson Capital Inc. boosted its stake in ProShares MSCI EAFE Dividend Growers ETF by 50.3% during the 2nd quarter. Anson Capital Inc. now owns 15,254 shares of the company’s stock valued at $655,000 after purchasing an additional 5,107 shares in the last quarter. Total Wealth Planning & Management Inc. bought a new stake in ProShares MSCI EAFE Dividend Growers ETF in the second quarter worth about $762,000. Jane Street Group LLC grew its position in ProShares MSCI EAFE Dividend Growers ETF by 61.6% in the first quarter. Jane Street Group LLC now owns 9,181 shares of the company’s stock worth $356,000 after buying an additional 3,501 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV lifted its holdings in shares of ProShares MSCI EAFE Dividend Growers ETF by 6.9% during the first quarter. Nations Financial Group Inc. IA ADV now owns 79,033 shares of the company’s stock valued at $3,066,000 after purchasing an additional 5,128 shares during the last quarter.

ProShares MSCI EAFE Dividend Growers ETF Price Performance

EFAD stock opened at $42.10 on Friday. The firm has a market capitalization of $69.88 million, a P/E ratio of 21.63 and a beta of 0.77. ProShares MSCI EAFE Dividend Growers ETF has a 52-week low of $35.77 and a 52-week high of $43.43. The company’s 50 day simple moving average is $42.03 and its 200-day simple moving average is $42.16.

ProShares MSCI EAFE Dividend Growers ETF Profile

The ProShares MSCI EAFE Dividend Growers ETF (EFAD) is an exchange-traded fund that is based on the MSCI EAFE Dividend Masters index. The fund tracks an equally weighted broad-market index of developed-market companies, ex-North America, that have raised their dividend for each of the past 10 years. EFAD was launched on Aug 19, 2014 and is managed by ProShares.