Capital Investment Advisors LLC Has $26.72 Million Stock Holdings in ProShares Russell 2000 Dividend Growers ETF $SMDV

Capital Investment Advisors LLC reduced its holdings in shares of ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) by 2.1% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 404,318 shares of the company’s stock after selling 8,777 shares during the period. Capital Investment Advisors LLC’s holdings in ProShares Russell 2000 Dividend Growers ETF were worth $26,717,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in SMDV. Advisory Services Network LLC acquired a new position in ProShares Russell 2000 Dividend Growers ETF in the third quarter worth about $37,000. Franklin Resources Inc. bought a new position in shares of ProShares Russell 2000 Dividend Growers ETF during the 2nd quarter worth approximately $48,000. MAI Capital Management lifted its position in shares of ProShares Russell 2000 Dividend Growers ETF by 27.3% during the 3rd quarter. MAI Capital Management now owns 2,925 shares of the company’s stock worth $195,000 after buying an additional 628 shares during the period. Howe & Rusling Inc. boosted its stake in ProShares Russell 2000 Dividend Growers ETF by 11.9% in the 3rd quarter. Howe & Rusling Inc. now owns 3,044 shares of the company’s stock valued at $203,000 after buying an additional 323 shares in the last quarter. Finally, Anson Capital Inc. grew its position in ProShares Russell 2000 Dividend Growers ETF by 7.4% in the third quarter. Anson Capital Inc. now owns 3,845 shares of the company’s stock valued at $256,000 after acquiring an additional 266 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

Shares of BATS SMDV opened at $67.72 on Friday. ProShares Russell 2000 Dividend Growers ETF has a 52-week low of $57.98 and a 52-week high of $74.43. The business has a fifty day moving average of $70.82 and a two-hundred day moving average of $68.20. The stock has a market cap of $679.91 million, a PE 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.