ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Stock Position Reduced by Empirical Financial Services LLC d.b.a. Empirical Wealth Management

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 16.6% during the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 3,078 shares of the company’s stock after selling 613 shares during the period. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $202,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of SMDV. Raymond James Financial Inc. bought a new position in ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth approximately $21,300,000. Envestnet Asset Management Inc. lifted its holdings in ProShares Russell 2000 Dividend Growers ETF by 336.1% during the 1st quarter. Envestnet Asset Management Inc. now owns 54,862 shares of the company’s stock worth $3,598,000 after buying an additional 42,281 shares during the last quarter. Two Sigma Securities LLC bought a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth approximately $404,000. Wealth Enhancement Advisory Services LLC bought a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth approximately $360,000. Finally, United Advisor Group LLC lifted its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 11.9% in the 4th quarter. United Advisor Group LLC now owns 46,125 shares of the company’s stock worth $3,121,000 after purchasing an additional 4,893 shares during the last quarter.

ProShares Russell 2000 Dividend Growers ETF Trading Down 3.1%

Shares of BATS SMDV opened at $64.66 on Tuesday. The company has a market cap of $649.19 million, a price-to-earnings ratio of 16.56 and a beta of 0.84. ProShares Russell 2000 Dividend Growers ETF has a 12-month low of $57.98 and a 12-month high of $76.90. The stock’s 50 day simple moving average is $65.43 and its 200 day simple moving average is $65.71.

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.