United Asset Strategies Inc. Acquires 2,384 Shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV)

United Asset Strategies Inc. increased its holdings in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 25.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 11,900 shares of the company’s stock after buying an additional 2,384 shares during the period. United Asset Strategies Inc. owned 0.09% of ProShares Russell 2000 Dividend Growers ETF worth $774,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of SMDV. Franklin Resources Inc. bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter valued at $43,000. Money Concepts Capital Corp bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter valued at $91,000. Anchor Investment Management LLC bought a new position in ProShares Russell 2000 Dividend Growers ETF in the 4th quarter valued at $124,000. GPS Wealth Strategies Group LLC raised its position in shares of ProShares Russell 2000 Dividend Growers ETF by 15.4% during the 3rd quarter. GPS Wealth Strategies Group LLC now owns 2,025 shares of the company’s stock valued at $115,000 after buying an additional 270 shares in the last quarter. Finally, Citigroup Inc. raised its position in shares of ProShares Russell 2000 Dividend Growers ETF by 81.7% during the 1st quarter. Citigroup Inc. now owns 3,224 shares of the company’s stock valued at $197,000 after buying an additional 1,450 shares in the last quarter.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

ProShares Russell 2000 Dividend Growers ETF stock opened at $59.55 on Wednesday. The stock has a market cap of $731.87 million, a P/E ratio of 15.56 and a beta of 1.00. The firm’s fifty day moving average price is $61.93 and its 200-day moving average price is $60.52. ProShares Russell 2000 Dividend Growers ETF has a fifty-two week low of $51.23 and a fifty-two week high of $58.30.

About ProShares Russell 2000 Dividend Growers ETF

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.