ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Purchased by United Asset Strategies Inc.

United Asset Strategies Inc. increased its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 1.5% during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 17,217 shares of the company’s stock after buying an additional 261 shares during the quarter. United Asset Strategies Inc. owned about 0.14% of ProShares Russell 2000 Dividend Growers ETF worth $1,165,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in SMDV. Creative Financial Designs Inc. ADV increased its position in ProShares Russell 2000 Dividend Growers ETF by 11.4% in the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock valued at $202,000 after acquiring an additional 298 shares during the period. Palisade Asset Management LLC purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the 3rd quarter valued at approximately $215,000. CWC Advisors LLC. acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the third quarter valued at approximately $225,000. Empirical Financial Services LLC d.b.a. Empirical Wealth Management purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth approximately $250,000. Finally, Heritage Wealth Management Inc. purchased a new position in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at $294,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

Shares of SMDV opened at $68.20 on Monday. The stock has a market capitalization of $832.04 million, a P/E ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $51.23 and a 1 year high of $58.30. The company’s fifty day moving average is $70.39 and its two-hundred day moving average is $69.34.

ProShares Russell 2000 Dividend Growers ETF Dividend Announcement

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

ProShares Russell 2000 Dividend Growers ETF Company Profile

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.