Great Valley Advisor Group Inc. Sells 599 Shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Great Valley Advisor Group Inc. reduced its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 12.9% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 4,033 shares of the company’s stock after selling 599 shares during the quarter. Great Valley Advisor Group Inc.’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $262,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. GPS Wealth Strategies Group LLC grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 15.4% in the third quarter. GPS Wealth Strategies Group LLC now owns 2,025 shares of the company’s stock valued at $115,000 after purchasing an additional 270 shares during the last quarter. Anchor Investment Management LLC acquired a new stake in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $124,000. J.W. Cole Advisors Inc. acquired a new stake in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $216,000. Citigroup Inc. grew its position in ProShares Russell 2000 Dividend Growers ETF by 9.0% during the third quarter. Citigroup Inc. now owns 4,302 shares of the company’s stock worth $243,000 after buying an additional 355 shares in the last quarter. Finally, MWA Asset Management acquired a new stake in ProShares Russell 2000 Dividend Growers ETF during the third quarter worth about $253,000.

ProShares Russell 2000 Dividend Growers ETF Stock Up 0.7 %

SMDV stock opened at $63.17 on Tuesday. ProShares Russell 2000 Dividend Growers ETF has a twelve month low of $51.23 and a twelve month high of $58.30. The company has a market cap of $770.67 million, a PE ratio of 15.39 and a beta of 0.96. The business’s 50-day simple moving average is $61.86 and its 200 day simple moving average is $61.04.

About ProShares Russell 2000 Dividend Growers ETF

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.