ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Total Clarity Wealth Management Inc.

Total Clarity Wealth Management Inc. decreased its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.3% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 7,096 shares of the company’s stock after selling 169 shares during the quarter. Total Clarity Wealth Management Inc.’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $441,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Cetera Advisors LLC acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the first quarter valued at about $4,750,000. Arkadios Wealth Advisors acquired a new position in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter worth approximately $861,000. Toth Financial Advisory Corp raised its position in ProShares Russell 2000 Dividend Growers ETF by 7.2% during the 1st quarter. Toth Financial Advisory Corp now owns 191,886 shares of the company’s stock worth $12,284,000 after buying an additional 12,902 shares during the last quarter. Cetera Investment Advisers lifted its stake in ProShares Russell 2000 Dividend Growers ETF by 9.8% during the 1st quarter. Cetera Investment Advisers now owns 98,779 shares of the company’s stock valued at $6,323,000 after acquiring an additional 8,785 shares during the period. Finally, PFG Investments LLC lifted its stake in ProShares Russell 2000 Dividend Growers ETF by 30.7% during the 2nd quarter. PFG Investments LLC now owns 22,855 shares of the company’s stock valued at $1,420,000 after acquiring an additional 5,365 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Price Performance

BATS:SMDV opened at $69.09 on Tuesday. The company’s fifty day moving average price is $67.69 and its 200-day moving average price is $64.15. ProShares Russell 2000 Dividend Growers ETF has a 1-year low of $51.23 and a 1-year high of $58.30. The firm has a market capitalization of $842.90 million, a P/E ratio of 15.39 and a beta of 0.96.

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.