ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Stock Price Up 1.2% – Time to Buy?

Shares of ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) rose 1.2% during trading on Friday . The stock traded as high as $77.40 and last traded at $77.49. Approximately 36,525 shares changed hands during trading, The stock had previously closed at $76.57.

ProShares S&P Technology Dividend Aristocrats ETF Stock Up 1.2 %

The firm has a market capitalization of $253.41 million, a price-to-earnings ratio of 32.46 and a beta of 1.05. The firm’s 50 day moving average is $77.62 and its 200 day moving average is $76.85.

ProShares S&P Technology Dividend Aristocrats ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.2183 per share. The ex-dividend date was Monday, December 23rd.

Institutional Trading of ProShares S&P Technology Dividend Aristocrats ETF

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. JPMorgan Chase & Co. lifted its stake in ProShares S&P Technology Dividend Aristocrats ETF by 21.8% during the third quarter. JPMorgan Chase & Co. now owns 3,610 shares of the company’s stock valued at $278,000 after purchasing an additional 647 shares during the last quarter. Coston McIsaac & Partners lifted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 24.5% in the 4th quarter. Coston McIsaac & Partners now owns 22,614 shares of the company’s stock valued at $1,705,000 after acquiring an additional 4,448 shares in the last quarter. OLD Mission Capital LLC lifted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 42.5% in the 4th quarter. OLD Mission Capital LLC now owns 17,295 shares of the company’s stock valued at $1,305,000 after acquiring an additional 5,161 shares in the last quarter. Finally, AMJ Financial Wealth Management lifted its position in shares of ProShares S&P Technology Dividend Aristocrats ETF by 11.3% in the 4th quarter. AMJ Financial Wealth Management now owns 12,063 shares of the company’s stock valued at $910,000 after acquiring an additional 1,225 shares in the last quarter.

About ProShares S&P Technology Dividend Aristocrats ETF

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.