ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV) Shares Down 1.9% – Here’s Why

Posted by Joseph McCarthy on Jan 14th, 2025

ProShares S&P Technology Dividend Aristocrats ETF (BATS:TDV – Get Free Report) were down 1.9% during trading on Monday . The stock traded as low as $74.68 and last traded at $74.81. Approximately 11,931 shares traded hands during mid-day trading, The stock had previously closed at $76.27.

ProShares S&P Technology Dividend Aristocrats ETF Stock Performance

The company’s 50-day moving average price is $77.06 and its 200 day moving average price is $76.04. The stock has a market capitalization of $291.76 million, a PE ratio of 23.63 and a beta of 1.14.

ProShares S&P Technology Dividend Aristocrats ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.2183 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On ProShares S&P Technology Dividend Aristocrats ETF

Several hedge funds have recently made changes to their positions in TDV. Valeo Financial Advisors LLC bought a new stake in ProShares S&P Technology Dividend Aristocrats ETF during the third quarter worth about $348,000. Coston McIsaac & Partners increased its stake in shares of ProShares S&P Technology Dividend Aristocrats ETF by 44.6% during the third quarter. Coston McIsaac & Partners now owns 18,166 shares of the company’s stock valued at $1,400,000 after purchasing an additional 5,600 shares in the last quarter. Finally, JPMorgan Chase & Co. lifted its holdings in shares of 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.

ProShares S&P Technology Dividend Aristocrats ETF Company Profile

(Get Free Report)

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.