ProShares Russell 2000 Dividend Growers ETF
SMDV
50 hedge funds and large institutions have $188M invested in ProShares Russell 2000 Dividend Growers ETF in 2017 Q1 according to their latest regulatory filings, with 13 funds opening new positions, 29 increasing their positions, 7 reducing their positions, and 7 closing their positions.
314% more repeat investments, than reductions
Existing positions increased: 29 | Existing positions reduced: 7
86% more first-time investments, than exits
New positions opened: 13 | Existing positions closed: 7
22% more capital invested
Capital invested by funds: $154M → $188M (+$34.5M)
11% more funds holding
Funds holding: 45 → 50 (+5)
3.18% more ownership
Funds ownership: 44.53% → 47.72% (+3.2%)
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BFG
Bouchey Financial Group
Troy,
New York
|
+$11.2M |
| 2 |
Morgan Stanley
New York
|
+$9.39M |
| 3 |
UBS Group
Zurich,
Switzerland
|
+$8.13M |
| 4 |
Bank of America
Charlotte,
North Carolina
|
+$7.91M |
| 5 |
HighTower Advisors
Chicago,
Illinois
|
+$7.14M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
NCM
Niemann Capital Management
Stateline,
Nevada
|
-$12.9M |
| 2 |
UCFA
United Capital Financial Advisors
Irving,
Texas
|
-$10.2M |
| 3 |
AG
Advisor Group
Phoenix,
Arizona
|
-$1.6M |
| 4 |
MSAM
Moloney Securities Asset Management
Manchester,
Missouri
|
-$855K |
| 5 |
LTFS
Ladenburg Thalmann Financial Services
Miami,
Florida
|
-$604K |
SMDV Hedge Fund Activity: Q1 2017 in Review
50 of the 4,034 institutional investors tracked by Wall St. Rank reported a position in ProShares Russell 2000 Dividend Growers ETF (SMDV) for Q1 2017, worth a combined $188M — up 22% from $154M a quarter earlier.
Buyers outnumbered sellers: 13 funds opened new SMDV positions and 7 closed out — a net gain of 6 holders — while 29 added to existing stakes and 7 trimmed.
The largest buyer was Bouchey Financial Group, opening a new position worth an estimated $11.2M. The largest seller was Niemann Capital Management, exiting entirely with an estimated $12.9M sold.
- 50 institutional investors held ProShares Russell 2000 Dividend Growers ETF (SMDV) as of Q1 2017, up from 45 in Q4 2016.
- Funds reported $188M of ProShares Russell 2000 Dividend Growers ETF stock for Q1 2017, up 22% quarter-over-quarter.
- 13 funds opened new ProShares Russell 2000 Dividend Growers ETF positions in Q1 2017 and 7 closed out, a net change of +6 holders.
- The largest ProShares Russell 2000 Dividend Growers ETF buyer in Q1 2017 was Bouchey Financial Group, an estimated $11.2M added.
- The largest ProShares Russell 2000 Dividend Growers ETF seller in Q1 2017 was Niemann Capital Management, an estimated $12.9M sold.
Based on aggregated 13F filings for Q1 2017.