Fisher Asset Management LLC Invests $582,000 in ProShares Russell 2000 Dividend Growers ETF $SMDV

Fisher Asset Management LLC purchased a new position in ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 8,800 shares of the company’s stock, valued at approximately $582,000. Fisher Asset Management LLC owned approximately 0.09% of ProShares Russell 2000 Dividend Growers ETF as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently made changes to their positions in SMDV. Goldman Sachs Group Inc. lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 12.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 22,259 shares of the company’s stock worth $1,460,000 after acquiring an additional 2,399 shares during the period. Franklin Resources Inc. acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter worth approximately $48,000. NewEdge Advisors LLC lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 8.0% in the 2nd quarter. NewEdge Advisors LLC now owns 5,415 shares of the company’s stock worth $352,000 after acquiring an additional 402 shares during the period. Jane Street Group LLC acquired a new stake in shares of ProShares Russell 2000 Dividend Growers ETF in the 2nd quarter worth approximately $273,000. Finally, Ameriprise Financial Inc. lifted its stake in shares of ProShares Russell 2000 Dividend Growers ETF by 72.8% in the 2nd quarter. Ameriprise Financial Inc. now owns 44,356 shares of the company’s stock worth $2,886,000 after acquiring an additional 18,690 shares during the period.

ProShares Russell 2000 Dividend Growers ETF Trading Down 0.3%

Shares of BATS:SMDV opened at $72.58 on Friday. The company has a 50 day moving average of $71.23 and a 200-day moving average of $69.81. The firm has a market cap of $728.70 million, a P/E ratio of 16.56 and a beta of 0.84. ProShares Russell 2000 Dividend Growers ETF has a twelve month low of $63.36 and a twelve month high of $74.43.

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.