ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Shares Up 3.3% – Here’s What Happened

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV)’s stock price shot up 3.3% during trading on Wednesday . The stock traded as high as $89.15 and last traded at $88.98. 3,943 shares changed hands during trading, a decline of 51% from the average session volume of 8,107 shares. The stock had previously closed at $86.14.

ProShares S&P Technology Dividend Aristocrats ETF Price Performance

The company has a market capitalization of $273.29 million, a P/E ratio of 28.94 and a beta of 1.08. The company has a fifty day moving average price of $87.70 and a 200 day moving average price of $87.62.

Hedge Funds Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Institutional investors have recently made changes to their positions in the stock. Sound Income Strategies LLC bought a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter valued at approximately $62,000. Farther Finance Advisors LLC bought a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter valued at approximately $131,000. Rossby Financial LCC bought a new position in shares of ProShares S&P Technology Dividend Aristocrats ETF during the fourth quarter valued at approximately $427,000. Janney Montgomery Scott LLC grew its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock valued at $894,000 after purchasing an additional 815 shares during the last quarter. Finally, AMJ Financial Wealth Management grew its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 1.6% during the third quarter. AMJ Financial Wealth Management now owns 10,826 shares of the company’s stock valued at $936,000 after purchasing an additional 173 shares during the last quarter.

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.