Bay Capital Advisors LLC Buys New Position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Bay Capital Advisors LLC bought a new position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,400 shares of the company’s stock, valued at approximately $298,000.

Other institutional investors have also bought and sold shares of the company. LPL Financial LLC increased its stake in ProShares Russell 2000 Dividend Growers ETF by 7.6% in the 4th quarter. LPL Financial LLC now owns 260,795 shares of the company’s stock worth $17,648,000 after buying an additional 18,411 shares during the period. Creative Financial Designs Inc. ADV increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 130.3% during the fourth quarter. Creative Financial Designs Inc. ADV now owns 6,705 shares of the company’s stock valued at $454,000 after acquiring an additional 3,793 shares in the last quarter. Commonwealth Equity Services LLC lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 5.0% during the fourth quarter. Commonwealth Equity Services LLC now owns 89,121 shares of the company’s stock worth $6,031,000 after buying an additional 4,256 shares during the period. New England Private Wealth Advisors LLC increased its holdings in ProShares Russell 2000 Dividend Growers ETF by 0.6% in the 4th quarter. New England Private Wealth Advisors LLC now owns 30,024 shares of the company’s stock worth $2,032,000 after buying an additional 182 shares during the period. Finally, Raymond James Financial Inc. acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the fourth quarter worth $21,300,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

SMDV stock opened at $67.01 on Tuesday. The firm has a market cap of $693.51 million, a PE ratio of 17.41 and a beta of 0.83. ProShares Russell 2000 Dividend Growers ETF has a one year low of $59.13 and a one year high of $76.90. The firm’s fifty day moving average is $68.12 and its 200 day moving average is $69.38.

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.