KPP Advisory Services LLC Decreases Stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

KPP Advisory Services LLC lessened its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 5.2% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 3,919 shares of the company’s stock after selling 217 shares during the quarter. KPP Advisory Services LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $243,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. J.W. Cole Advisors Inc. lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 8.9% in the 1st quarter. J.W. Cole Advisors Inc. now owns 3,623 shares of the company’s stock worth $232,000 after purchasing an additional 297 shares during the period. B. Riley Wealth Advisors Inc. lifted its holdings in ProShares Russell 2000 Dividend Growers ETF by 3.1% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 7,839 shares of the company’s stock worth $510,000 after buying an additional 233 shares during the period. Oppenheimer & Co. Inc. boosted its position in ProShares Russell 2000 Dividend Growers ETF by 18.2% during the 4th quarter. Oppenheimer & Co. Inc. now owns 29,218 shares of the company’s stock valued at $1,899,000 after acquiring an additional 4,494 shares in the last quarter. Duncan Williams Asset Management LLC purchased a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 1st quarter worth approximately $314,000. Finally, Jacobi Capital Management LLC grew its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 8.2% during the 4th quarter. Jacobi Capital Management LLC now owns 22,847 shares of the company’s stock worth $1,485,000 after acquiring an additional 1,727 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Trading Down 1.4 %

SMDV opened at $68.30 on Wednesday. ProShares Russell 2000 Dividend Growers ETF has a 12-month low of $51.23 and a 12-month high of $58.30. The company has a market cap of $833.26 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. The stock has a fifty day simple moving average of $68.28 and a two-hundred day simple moving average of $64.68.

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.