Truist Financial Corp Sells 27,517 Shares of ProShares Russell 2000 Dividend Growers ETF $SMDV

Truist Financial Corp cut its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 24.4% in the fourth quarter, HoldingsChannel reports. The firm owned 85,379 shares of the company’s stock after selling 27,517 shares during the period. Truist Financial Corp’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $5,642,000 as of its most recent SEC filing.

Several other large investors have also recently made changes to their positions in SMDV. Goldman Sachs Group Inc. raised its position in shares of ProShares Russell 2000 Dividend Growers ETF by 12.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 22,259 shares of the company’s stock worth $1,460,000 after acquiring an additional 2,399 shares in the last quarter. Franklin Resources Inc. acquired a new position in ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter valued at about $48,000. NewEdge Advisors LLC increased its position in ProShares Russell 2000 Dividend Growers ETF by 8.0% during the 2nd quarter. NewEdge Advisors LLC now owns 5,415 shares of the company’s stock valued at $352,000 after buying an additional 402 shares in the last quarter. Jane Street Group LLC purchased a new stake in ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter valued at about $273,000. Finally, Ameriprise Financial Inc. grew its stake in ProShares Russell 2000 Dividend Growers ETF by 72.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 44,356 shares of the company’s stock valued at $2,886,000 after purchasing an additional 18,690 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

ProShares Russell 2000 Dividend Growers ETF stock opened at $72.81 on Friday. The business’s 50-day simple moving average is $70.70 and its two-hundred day simple moving average is $69.18. The company has a market cap of $731.01 million, a PE ratio of 16.56 and a beta of 0.84. ProShares Russell 2000 Dividend Growers ETF has a fifty-two week low of $62.80 and a fifty-two week high of $74.43.

ProShares Russell 2000 Dividend Growers ETF 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.