Janney Montgomery Scott LLC Cuts Stock Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Janney Montgomery Scott LLC reduced its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 4.9% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,482 shares of the company’s stock after selling 179 shares during the period. Janney Montgomery Scott LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $236,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of SMDV. Creative Financial Designs Inc. ADV increased its stake in ProShares Russell 2000 Dividend Growers ETF by 11.4% during the 3rd quarter. Creative Financial Designs Inc. ADV now owns 2,912 shares of the company’s stock worth $202,000 after buying an additional 298 shares in the last quarter. Palisade Asset Management LLC purchased a new stake in ProShares Russell 2000 Dividend Growers ETF during the 3rd quarter worth approximately $215,000. CWC Advisors LLC. purchased a new stake in ProShares Russell 2000 Dividend Growers ETF during the 3rd quarter worth approximately $225,000. Benjamin Edwards Inc. purchased a new stake in ProShares Russell 2000 Dividend Growers ETF during the 3rd quarter worth approximately $353,000. Finally, MWA Asset Management grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 48.1% in the third quarter. MWA Asset Management now owns 5,546 shares of the company’s stock valued at $384,000 after purchasing an additional 1,800 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Price Performance

SMDV stock opened at $68.83 on Thursday. ProShares Russell 2000 Dividend Growers ETF has a 1 year low of $51.23 and a 1 year high of $58.30. The firm has a market capitalization of $839.77 million, a PE ratio of 15.39 and a beta of 0.96. The business has a 50 day simple moving average of $69.13 and a 200-day simple moving average of $69.40.

ProShares Russell 2000 Dividend Growers ETF Announces Dividend

The firm also recently announced 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 of this dividend was Monday, December 23rd.

ProShares Russell 2000 Dividend Growers ETF 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.