ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Stock Price Cross Above Two Hundred Day Moving Average – Time to Sell?

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV)’s stock price crossed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of $75.26 and traded as high as $78.65. ProShares S&P Technology Dividend Aristocrats ETF shares last traded at $78.25, with a volume of 6,088 shares traded.

ProShares S&P Technology Dividend Aristocrats ETF Stock Up 1.0 %

The stock has a market cap of $305.18 million, a P/E ratio of 23.63 and a beta of 1.14. The company’s 50 day moving average price is $76.86 and its two-hundred day moving average price is $75.26.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in TDV. Coston McIsaac & Partners lifted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 44.6% in the 3rd quarter. Coston McIsaac & Partners now owns 18,166 shares of the company’s stock worth $1,400,000 after purchasing an additional 5,600 shares during the period. ORG Partners LLC bought a new position in ProShares S&P Technology Dividend Aristocrats ETF in the second quarter worth approximately $413,000. Finally, Valeo Financial Advisors LLC purchased a new stake in ProShares S&P Technology Dividend Aristocrats ETF during the third quarter worth $348,000.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

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.