ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Hits New 1-Year High at $62.30

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $62.30 and last traded at $61.36, with a volume of 45608 shares. The stock had previously closed at $62.13.

ProShares Russell 2000 Dividend Growers ETF Trading Down 0.6 %

The company has a market capitalization of $749.57 million, a PE ratio of 15.39 and a beta of 0.96. The business has a fifty day moving average of $62.67 and a 200 day moving average of $62.57.

Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF

Several large investors have recently bought and sold shares of the business. PNC Financial Services Group Inc. purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF during the 4th quarter worth approximately $41,000. Anchor Investment Management LLC purchased a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 4th quarter valued at about $124,000. Anson Capital Inc. purchased a new stake in ProShares Russell 2000 Dividend Growers ETF in the first quarter valued at approximately $201,000. Palisade Asset Management LLC acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the fourth quarter valued at approximately $202,000. Finally, J.W. Cole Advisors Inc. acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the 4th quarter valued at $216,000.

ProShares Russell 2000 Dividend Growers ETF Company 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.