ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Shares Sold by Truist Financial Corp

Truist Financial Corp decreased its stake in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 51,866 shares of the company’s stock after selling 752 shares during the period. Truist Financial Corp owned 0.38% of ProShares Russell 2000 Dividend Growers ETF worth $3,372,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in SMDV. WT Wealth Management boosted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 1.2% during the third quarter. WT Wealth Management now owns 13,696 shares of the company’s stock worth $775,000 after buying an additional 168 shares during the period. United Asset Strategies Inc. grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 2.0% in the third quarter. United Asset Strategies Inc. now owns 9,516 shares of the company’s stock worth $538,000 after purchasing an additional 189 shares in the last quarter. Howe & Rusling Inc. increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 3.8% during the third quarter. Howe & Rusling Inc. now owns 5,236 shares of the company’s stock valued at $296,000 after purchasing an additional 190 shares during the period. Atlas Brown Inc. raised its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 4.0% during the fourth quarter. Atlas Brown Inc. now owns 5,369 shares of the company’s stock valued at $349,000 after purchasing an additional 205 shares in the last quarter. Finally, New England Private Wealth Advisors LLC lifted its holdings in ProShares Russell 2000 Dividend Growers ETF by 0.9% in the fourth quarter. New England Private Wealth Advisors LLC now owns 25,708 shares of the company’s stock worth $1,671,000 after purchasing an additional 221 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Trading Up 0.7 %

SMDV stock opened at $63.17 on Tuesday. The firm’s 50-day moving average is $61.86 and its two-hundred day moving average is $61.04. The company has a market capitalization of $770.67 million, a price-to-earnings ratio of 15.39 and a beta of 0.96. ProShares Russell 2000 Dividend Growers ETF has a 52 week low of $51.23 and a 52 week high of $58.30.

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.