TDV Stock Summary and Trading Ideas (ProShares S&P Technology Dividend Aristocrats ETF | BATS:TDV)

ProShares S&P Technology Dividend Aristocrats ETF seeks investment results, before fees and expenses, that track the performance of the S&P Technology Dividend Aristocrats Index. The Index, constructed and maintained by S&P Dow Jones Indices LLC, targets companies from the U.S. technology sector and select U.S. technology-related companies from the communication services and consumer discretionary sectors (collectively, technology companies ). To be included in the Index, a company must have increased dividend payments each year for at least 7 years, its shares must be listed on a U.S. national securities exchange.

ProShares S&P Technology Dividend Aristocrats ETF trades on the BATS stock market under the symbol TDV.

As of April 24, 2024, TDV stock price climbed to $69.37 with 16,935 million shares trading.

TDV has a beta of 1.09, meaning it tends to be more sensitive to market movements. TDV has a correlation of 0.78 to the broad based SPY ETF.

TDV has a market cap of $270.54 million. This is considered a Small Cap stock.

In the last 3 years, TDV stock traded as high as $72.44 and as low as $48.69.

TDV has underperformed the market in the last year with a price return of +18.2% while the SPY ETF gained +24.2%. TDV has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -1.0% and -3.3%, respectively, while the SPY returned +4.6% and -2.7%, respectively.

TDV support price is $68.04 and resistance is $69.48 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that TDV stock will trade within this expected range on the day.