ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) Short Interest Update

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) saw a large decline in short interest during the month of June. As of June 15th, there was short interest totaling 3,091 shares, a decline of 82.3% from the May 31st total of 17,468 shares. Approximately 0.0% of the shares of the company are short sold. Based on an average daily volume of 26,756 shares, the short-interest ratio is presently 0.1 days.

Institutional Investors Weigh In On ProShares Russell 2000 Dividend Growers ETF

Large investors have recently made changes to their positions in the stock. UBS Group AG increased its position in shares of ProShares Russell 2000 Dividend Growers ETF by 9.0% in the 3rd quarter. UBS Group AG now owns 412,095 shares of the company’s stock valued at $27,462,000 after acquiring an additional 34,111 shares during the period. Ameriprise Financial Inc. grew its stake in ProShares Russell 2000 Dividend Growers ETF by 72.8% during the 2nd quarter. Ameriprise Financial Inc. now owns 44,356 shares of the company’s stock valued at $2,886,000 after purchasing an additional 18,690 shares during the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in ProShares Russell 2000 Dividend Growers ETF by 248.9% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 23,622 shares of the company’s stock valued at $1,600,000 after purchasing an additional 16,851 shares during the last quarter. Goldman Sachs Group Inc. increased its holdings in shares of ProShares Russell 2000 Dividend Growers ETF by 100.8% in the fourth quarter. Goldman Sachs Group Inc. now owns 23,045 shares of the company’s stock valued at $1,523,000 after purchasing an additional 11,570 shares during the period. Finally, Fifth Third Bancorp acquired a new position in shares of ProShares Russell 2000 Dividend Growers ETF in the first quarter valued at about $682,000.

ProShares Russell 2000 Dividend Growers ETF Trading Up 1.1%

Shares of ProShares Russell 2000 Dividend Growers ETF stock opened at $76.83 on Friday. ProShares Russell 2000 Dividend Growers ETF has a 12-month low of $63.50 and a 12-month high of $77.08. The firm has a market capitalization of $771.37 million, a price-to-earnings ratio of 16.56 and a beta of 0.84. The firm’s 50 day simple moving average is $72.92 and its two-hundred day simple moving average is $70.92.

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.