ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Shares Pass Above 200-Day Moving Average – Here’s What Happened

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) crossed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of $75.62 and traded as high as $78.27. ProShares S&P Technology Dividend Aristocrats ETF shares last traded at $78.04, with a volume of 17,019 shares changing hands.

ProShares S&P Technology Dividend Aristocrats ETF Price Performance

The company’s fifty day moving average is $77.31 and its 200-day moving average is $75.68. The company has a market capitalization of $304.36 million, a PE ratio of 23.63 and a beta of 1.14.

Institutional Inflows and Outflows

An institutional investor recently raised its position in ProShares S&P Technology Dividend Aristocrats ETF stock. Coston McIsaac & Partners grew its position in shares of ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) by 44.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 18,166 shares of the company’s stock after purchasing an additional 5,600 shares during the quarter. Coston McIsaac & Partners owned approximately 0.47% of ProShares S&P Technology Dividend Aristocrats ETF worth $1,400,000 as of its most recent SEC filing.

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.