ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Trading 0.4% Higher – Time to Buy?

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) were up 0.4% during mid-day trading on Monday . The stock traded as high as $88.62 and last traded at $88.35. Approximately 4,070 shares changed hands during mid-day trading, a decline of 61% from the average daily volume of 10,357 shares. The stock had previously closed at $87.9810.

ProShares S&P Technology Dividend Aristocrats ETF Stock Up 0.5%

The business has a 50-day moving average price of $87.02 and a 200-day moving average price of $85.15. The firm has a market capitalization of $271.48 million, a price-to-earnings ratio of 28.94 and a beta of 1.08.

Institutional Investors Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Institutional investors have recently added to or reduced their stakes in the business. Nova Wealth Management Inc. purchased a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the first quarter worth about $110,000. Janney Montgomery Scott LLC raised its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 5.8% in the 2nd quarter. Janney Montgomery Scott LLC now owns 8,197 shares of the company’s stock valued at $682,000 after purchasing an additional 446 shares during the last quarter. AMJ Financial Wealth Management boosted its stake in ProShares S&P Technology Dividend Aristocrats ETF by 1.6% in the 3rd quarter. AMJ Financial Wealth Management now owns 10,826 shares of the company’s stock worth $936,000 after purchasing an additional 173 shares in the last quarter. Coston McIsaac & Partners boosted its stake in ProShares S&P Technology Dividend Aristocrats ETF by 10.0% in the 3rd quarter. Coston McIsaac & Partners now owns 27,210 shares of the company’s stock worth $2,352,000 after purchasing an additional 2,481 shares in the last quarter. Finally, NewEdge Advisors LLC grew its position in ProShares S&P Technology Dividend Aristocrats ETF by 231.8% during the 3rd quarter. NewEdge Advisors LLC now owns 28,610 shares of the company’s stock worth $2,475,000 after purchasing an additional 19,988 shares during the last quarter.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

The ProShares S&P Technology Dividend Aristocrats ETF (TDV) is an exchange-traded fund that is based on the S&P Technology Dividend Aristocrats index. The fund tracks an equal-weighted index of U.S. technology companies that have dividend growth of at least 7 years. TDV was launched on Nov 5, 2019 and is managed by ProShares.