Lewis Asset Management LLC Cuts Stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Lewis Asset Management LLC cut its position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 4.5% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 9,677 shares of the company’s stock after selling 456 shares during the period. Lewis Asset Management LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $655,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Trueblood Wealth Management LLC lifted its position in ProShares Russell 2000 Dividend Growers ETF by 1.3% in the 4th quarter. Trueblood Wealth Management LLC now owns 15,481 shares of the company’s stock valued at $1,048,000 after acquiring an additional 192 shares in the last quarter. Atlas Brown Inc. raised its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 4.0% in the fourth quarter. Atlas Brown Inc. now owns 6,108 shares of the company’s stock worth $413,000 after purchasing an additional 236 shares during the last quarter. United Asset Strategies Inc. lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 1.5% during the fourth quarter. United Asset Strategies Inc. now owns 17,217 shares of the company’s stock valued at $1,165,000 after purchasing an additional 261 shares in the last quarter. Creative Financial Designs Inc. ADV boosted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 11.4% during the third quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock valued at $202,000 after buying an additional 298 shares during the last quarter. Finally, Hennion & Walsh Asset Management Inc. increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 2.8% in the 4th quarter. Hennion & Walsh Asset Management Inc. now owns 11,776 shares of the company’s stock worth $797,000 after buying an additional 321 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

SMDV opened at $68.57 on Thursday. The company’s 50-day simple moving average is $70.24 and its two-hundred day simple moving average is $69.40. The stock has a market capitalization of $836.49 million, a P/E ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $51.23 and a 52-week high of $58.30.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.5398 per share. The ex-dividend date was Monday, December 23rd.

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.