ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by KPP Advisory Services LLC

KPP Advisory Services LLC decreased its position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 5.2% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 3,919 shares of the company’s stock after selling 217 shares during the period. KPP Advisory Services LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $243,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Cetera Advisors LLC bought a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the first quarter worth $4,750,000. Mercer Global Advisors Inc. ADV acquired a new position in ProShares Russell 2000 Dividend Growers ETF in the second quarter valued at approximately $1,107,000. Arkadios Wealth Advisors acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the second quarter valued at $861,000. Truist Financial Corp increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 20.1% in the 2nd quarter. Truist Financial Corp now owns 80,910 shares of the company’s stock worth $5,027,000 after acquiring an additional 13,515 shares during the period. Finally, Toth Financial Advisory Corp increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 7.2% in the 1st quarter. Toth Financial Advisory Corp now owns 191,886 shares of the company’s stock worth $12,284,000 after acquiring an additional 12,902 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Stock Down 1.4 %

ProShares Russell 2000 Dividend Growers ETF stock opened at $68.30 on Wednesday. The firm has a 50-day moving average price of $68.28 and a two-hundred day moving average price of $64.68. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $51.23 and a 52-week high of $58.30. The firm has a market capitalization of $833.26 million, a price-to-earnings ratio of 15.39 and a beta of 0.96.

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.