ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Stock Price Down 1.9% – Should You Sell?

Shares of ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) fell 1.9% during mid-day trading on Monday . The stock traded as low as $74.68 and last traded at $74.81. 11,931 shares changed hands during mid-day trading, The stock had previously closed at $76.27.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

The firm has a market cap of $295.07 million, a P/E ratio of 23.63 and a beta of 1.14. The business’s 50-day simple moving average is $77.04 and its 200 day simple moving average is $76.04.

ProShares S&P Technology Dividend Aristocrats ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.2183 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Trading of ProShares S&P Technology Dividend Aristocrats ETF

Hedge funds have recently bought and sold shares of the company. JPMorgan Chase & Co. grew its stake in shares of ProShares S&P Technology Dividend Aristocrats ETF by 21.8% during the 3rd quarter. JPMorgan Chase & Co. now owns 3,610 shares of the company’s stock valued at $278,000 after purchasing an additional 647 shares during the period. Coston McIsaac & Partners lifted its stake 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. Finally, Valeo Financial Advisors LLC purchased a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF in the third quarter worth approximately $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.