United Advisor Group LLC Trims Stake in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV)

United Advisor Group LLC reduced its stake in ProShares MSCI Emerging Markets Dividend Growers ETF (BATS:EMDV) by 5.3% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,666 shares of the company’s stock after selling 320 shares during the period. United Advisor Group LLC owned 1.99% of ProShares MSCI Emerging Markets Dividend Growers ETF worth $268,000 at the end of the most recent reporting period.

ProShares MSCI Emerging Markets Dividend Growers ETF Trading Down 0.5 %

Shares of EMDV stock opened at $45.42 on Thursday. The company’s fifty day moving average price is $45.27 and its 200-day moving average price is $44.39. The stock has a market cap of $12.94 million, a PE ratio of 12.52 and a beta of 0.58. ProShares MSCI Emerging Markets Dividend Growers ETF has a 12 month low of $49.44 and a 12 month high of $64.49.

ProShares MSCI Emerging Markets Dividend Growers ETF Profile

The ProShares MSCI Emerging Markets Dividend Growers ETF (EMDV) is an exchange-traded fund that is based on the MSCI EM Dividend Masters index. The fund tracks an index composed of companies in the MSCI Emerging Markets Index that have consistent dividend growth for seven years. EMDV was launched on Jan 25, 2016 and is managed by ProShares.