ProShares S&P SmallCap 600 Dividend Aristocrats ETF
SMDV
126 hedge funds and large institutions have $466M invested in ProShares S&P SmallCap 600 Dividend Aristocrats ETF in 2023 Q2 according to their latest regulatory filings, with 12 funds opening new positions, 51 increasing their positions, 45 reducing their positions, and 12 closing their positions.
13% more repeat investments, than reductions
Existing positions increased: 51 | Existing positions reduced: 45
13% more capital inflows, than outflows
Capital inflows: $24.9M | Capital outflows: $22M
0.78% more ownership
Funds ownership: 56.79% → 57.57% (+0.78%)
0% more first-time investments, than exits
New positions opened: 12 | Existing positions closed: 12
2% less funds holding
Funds holding: 128 → 126 (-2)
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Capital Investment Advisors
Atlanta,
Georgia
|
+$6.35M |
| 2 |
Integrated Wealth Concepts
Waltham,
Massachusetts
|
+$3.8M |
| 3 |
Sowell Financial Services
North Little Rock,
Arkansas
|
+$2.14M |
| 4 |
UBS Group
Zurich,
Switzerland
|
+$1.63M |
| 5 |
Northwestern Mutual Wealth Management
Milwaukee,
Wisconsin
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
United Asset Strategies
Garden City,
New York
|
-$8.05M |
| 2 |
Wells Fargo
San Francisco,
California
|
-$2.52M |
| 3 |
Citadel Advisors
Miami,
Florida
|
-$2.1M |
| 4 |
Sigma Planning Corp
Ann Arbor,
Michigan
|
-$1.13M |
| 5 |
Cambridge Investment Research Advisors
Fairfield,
Iowa
|
-$1.02M |
SMDV Hedge Fund Activity: Q2 2023 in Review
126 of the 6,389 institutional investors tracked by Wall St. Rank reported a position in ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) for Q2 2023, worth a combined $466M — down 1.5% from $473M a quarter earlier.
Fund positioning in SMDV was balanced in Q2 2023: 12 funds opened new positions, 12 closed out, 51 added to existing stakes and 45 trimmed.
The largest buyer was Capital Investment Advisors, adding an estimated $6.35M. The largest seller was United Asset Strategies, cutting an estimated $8.05M.
- 126 institutional investors held ProShares S&P SmallCap 600 Dividend Aristocrats ETF (SMDV) as of Q2 2023, down from 128 in Q1 2023.
- Funds reported $466M of ProShares S&P SmallCap 600 Dividend Aristocrats ETF stock for Q2 2023, down 1.5% quarter-over-quarter.
- 12 funds opened new ProShares S&P SmallCap 600 Dividend Aristocrats ETF positions in Q2 2023 and 12 closed out, a net change of 0 holders.
- The largest ProShares S&P SmallCap 600 Dividend Aristocrats ETF buyer in Q2 2023 was Capital Investment Advisors, an estimated $6.35M added.
- The largest ProShares S&P SmallCap 600 Dividend Aristocrats ETF seller in Q2 2023 was United Asset Strategies, an estimated $8.05M sold.
Based on aggregated 13F filings for Q2 2023.