Scissortail Wealth Management LLC Makes New Investment in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

Scissortail Wealth Management LLC bought a new position in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 4,692 shares of the company’s stock, valued at approximately $299,000.

Several other hedge funds have also recently bought and sold shares of the business. Total Clarity Wealth Management Inc. grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 5.0% in the fourth quarter. Total Clarity Wealth Management Inc. now owns 7,439 shares of the company’s stock valued at $484,000 after purchasing an additional 354 shares during the last quarter. Blair William & Co. IL grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 29.3% in the third quarter. Blair William & Co. IL now owns 6,235 shares of the company’s stock valued at $353,000 after purchasing an additional 1,414 shares during the last quarter. Landmark Wealth Management LLC grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 7.8% in the fourth quarter. Landmark Wealth Management LLC now owns 42,802 shares of the company’s stock valued at $2,783,000 after purchasing an additional 3,105 shares during the last quarter. Capital Investment Advisors LLC grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 2.5% in the fourth quarter. Capital Investment Advisors LLC now owns 1,874,360 shares of the company’s stock valued at $121,852,000 after purchasing an additional 46,504 shares during the last quarter. Finally, Miracle Mile Advisors LLC acquired a new stake in ProShares Russell 2000 Dividend Growers ETF during the fourth quarter worth about $520,000.

ProShares Russell 2000 Dividend Growers ETF Trading Down 0.8 %

SMDV stock traded down $0.46 during trading on Wednesday, reaching $59.55. 96,849 shares of the stock were exchanged. 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 capitalization of $731.87 million, a P/E ratio of 15.56 and a beta of 1.00. The stock has a 50 day simple moving average of $61.93 and a 200-day simple moving average of $60.52.

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.