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

ProShares Russell 2000 Dividend Growers ETF (BATS:SMDV) was the target of a significant decline in short interest during the month of July. As of July 15th, there was short interest totaling 2,953 shares, a decline of 52.6% from the June 30th total of 6,232 shares. Based on an average trading volume of 90,556 shares, the days-to-cover ratio is presently 0.0 days. Currently, 0.0% of the company’s stock are sold short.

Hedge Funds Weigh In On ProShares Russell 2000 Dividend Growers ETF

A number of institutional investors have recently made changes to their positions in SMDV. UBS Group AG grew its position in shares of ProShares Russell 2000 Dividend Growers ETF by 9.0% during the third quarter. UBS Group AG now owns 412,095 shares of the company’s stock worth $27,462,000 after buying an additional 34,111 shares in the last quarter. Ameriprise Financial Inc. raised its holdings in ProShares Russell 2000 Dividend Growers ETF by 72.8% in the second quarter. Ameriprise Financial Inc. now owns 44,356 shares of the company’s stock valued at $2,886,000 after acquiring an additional 18,690 shares in the last quarter. Wealth Enhancement Advisory Services LLC boosted 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 acquiring an additional 16,851 shares during the last quarter. Goldman Sachs Group Inc. boosted its stake in ProShares Russell 2000 Dividend Growers ETF by 100.8% during the 4th quarter. Goldman Sachs Group Inc. now owns 23,045 shares of the company’s stock valued at $1,523,000 after acquiring an additional 11,570 shares during the last quarter. Finally, Fifth Third Bancorp bought a new position in ProShares Russell 2000 Dividend Growers ETF during the 1st quarter valued at $682,000.

ProShares Russell 2000 Dividend Growers ETF Stock Performance

BATS:SMDV opened at $78.82 on Wednesday. The stock has a market cap of $791.35 million, a price-to-earnings ratio of 16.56 and a beta of 0.84. ProShares Russell 2000 Dividend Growers ETF has a one year low of $63.50 and a one year high of $79.43. The business’s 50-day simple moving average is $75.22 and its 200 day simple moving average is $72.48.

ProShares Russell 2000 Dividend Growers ETF Company 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.