Royal Bank of Canada Has $13.87 Million Stake in ProShares Russell 2000 Dividend Growers ETF $SMDV

Royal Bank of Canada lessened its stake in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 3.5% during the first quarter, Holdings Channel reports. The fund owned 201,555 shares of the company’s stock after selling 7,340 shares during the quarter. Royal Bank of Canada’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $13,865,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of the stock. MWA Asset Management bought a new stake in ProShares Russell 2000 Dividend Growers ETF in the first quarter valued at $219,000. Geneos Wealth Management Inc. boosted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 6.3% during the 1st quarter. Geneos Wealth Management Inc. now owns 8,646 shares of the company’s stock worth $595,000 after purchasing an additional 511 shares in the last quarter. Sanctuary Advisors LLC boosted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 2.7% during the 1st quarter. Sanctuary Advisors LLC now owns 59,116 shares of the company’s stock worth $4,067,000 after purchasing an additional 1,564 shares in the last quarter. Fifth Third Bancorp acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 1st quarter valued at about $682,000. Finally, Kestra Advisory Services LLC grew its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 87.6% in the 1st quarter. Kestra Advisory Services LLC now owns 5,284 shares of the company’s stock valued at $363,000 after buying an additional 2,467 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Price Performance

Shares of ProShares Russell 2000 Dividend Growers ETF stock opened at $78.78 on Friday. The business has a 50-day simple moving average of $76.17 and a 200 day simple moving average of $72.97. ProShares Russell 2000 Dividend Growers ETF has a one year low of $63.86 and a one year high of $79.56. The firm has a market capitalization of $790.95 million, a price-to-earnings ratio of 16.56 and a beta of 0.84.

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.