ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Shares Down 0.8% – What’s Next?

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) shares were down 0.8% during trading on Wednesday . The company traded as low as $77.56 and last traded at $77.56. Approximately 4,765 shares traded hands during trading, The stock had previously closed at $78.20.

ProShares S&P Technology Dividend Aristocrats ETF Stock Down 0.7 %

The stock’s 50-day moving average price is $76.50 and its 200 day moving average price is $74.86. The firm has a market cap of $300.42 million, a price-to-earnings ratio of 23.63 and a beta of 1.14.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Janney Montgomery Scott LLC increased its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 4.0% during the first quarter. Janney Montgomery Scott LLC now owns 12,320 shares of the company’s stock worth $887,000 after buying an additional 472 shares in the last quarter. Valeo Financial Advisors LLC acquired a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the third quarter worth approximately $348,000. ORG Partners LLC acquired a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF during the second quarter worth approximately $413,000. Finally, Coston McIsaac & Partners increased its holdings in shares of ProShares S&P Technology Dividend Aristocrats ETF by 44.6% during the third quarter. Coston McIsaac & Partners now owns 18,166 shares of the company’s stock worth $1,400,000 after buying an additional 5,600 shares in 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.