United Advisor Group LLC Grows Stock Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

United Advisor Group LLC raised its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 5.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 48,538 shares of the company’s stock after purchasing an additional 2,413 shares during the period. United Advisor Group LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $3,184,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently modified their holdings of the business. New England Private Wealth Advisors LLC lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 0.6% in the fourth quarter. New England Private Wealth Advisors LLC now owns 30,024 shares of the company’s stock valued at $2,032,000 after purchasing an additional 182 shares in the last quarter. Smith Moore & CO. lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 0.4% in the fourth quarter. Smith Moore & CO. now owns 53,489 shares of the company’s stock valued at $3,620,000 after purchasing an additional 229 shares in the last quarter. ForthRight Wealth Management LLC lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 0.5% in the first quarter. ForthRight Wealth Management LLC now owns 68,559 shares of the company’s stock valued at $4,497,000 after purchasing an additional 308 shares in the last quarter. Mainstream Capital Management LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the fourth quarter valued at about $26,000. Finally, US Bancorp DE purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the fourth quarter valued at about $27,000.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of BATS SMDV opened at $63.63 on Thursday. ProShares Russell 2000 Dividend Growers ETF has a 12-month low of $57.98 and a 12-month high of $76.90. The company has a market capitalization of $640.75 million, a PE ratio of 16.91 and a beta of 0.84. The firm’s 50-day moving average is $63.73 and its two-hundred day moving average is $66.53.

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.