Essex Financial Services Inc. Has $1.75 Million Stock Holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Essex Financial Services Inc. decreased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 4.3% in the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 25,886 shares of the company’s stock after selling 1,164 shares during the quarter. Essex Financial Services Inc. owned about 0.21% of ProShares Russell 2000 Dividend Growers ETF worth $1,752,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Ameliora Wealth Management Ltd. bought a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the fourth quarter valued at approximately $34,000. Creative Financial Designs Inc. ADV raised 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 valued at $202,000 after purchasing an additional 298 shares during the last quarter. Palisade Asset Management LLC bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the 3rd quarter valued at $215,000. CWC Advisors LLC. acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the 3rd quarter worth $225,000. Finally, Empirical Financial Services LLC d.b.a. Empirical Wealth Management acquired a new stake in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter worth $250,000.

ProShares Russell 2000 Dividend Growers ETF Stock Up 4.6 %

SMDV stock opened at $69.77 on Wednesday. The business’s 50-day simple moving average is $69.21 and its 200 day simple moving average is $69.41. ProShares Russell 2000 Dividend Growers ETF has a twelve month low of $51.23 and a twelve month high of $58.30. The company has a market cap of $851.13 million, a PE ratio of 15.39 and a beta of 0.96.

ProShares Russell 2000 Dividend Growers ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.5398 dividend. 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.