ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Shares Down 1.4% – Here’s What Happened

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) shares fell 1.4% on Wednesday . The stock traded as low as $85.16 and last traded at $85.17. 9,962 shares were traded during mid-day trading, an increase of 25% from the average session volume of 7,963 shares. The stock had previously closed at $86.42.

ProShares S&P Technology Dividend Aristocrats ETF Price Performance

The company’s 50-day simple moving average is $88.98 and its 200 day simple moving average is $87.58. The firm has a market cap of $260.74 million, a P/E ratio of 28.94 and a beta of 1.08.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Rossby Financial LCC purchased a new position in ProShares S&P Technology Dividend Aristocrats ETF in the fourth quarter worth about $427,000. Janney Montgomery Scott LLC raised its position in ProShares S&P Technology Dividend Aristocrats ETF by 8.6% during the fourth quarter. Janney Montgomery Scott LLC now owns 10,322 shares of the company’s stock valued at $894,000 after purchasing an additional 815 shares during the period. Coston McIsaac & Partners raised its position in ProShares S&P Technology Dividend Aristocrats ETF by 20.2% during the fourth quarter. Coston McIsaac & Partners now owns 32,720 shares of the company’s stock valued at $2,832,000 after purchasing an additional 5,510 shares during the period. Farther Finance Advisors LLC bought a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF in the 4th quarter valued at approximately $131,000. Finally, Sound Income Strategies LLC bought a new stake in shares of ProShares S&P Technology Dividend Aristocrats ETF in the 4th quarter valued at approximately $62,000.

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.