TMDV Stock Summary and Trading Ideas (ProShares Russell US Dividend Growers ETF | BATS:TMDV)

ProShares Russell U.S. Dividend Growers ETF seeks investment results, before fees and expenses, that track the performance of the Russell 3000 Dividend Elite Index. The Index, constructed and maintained by FTSE International Limited, targets companies that are currently members of the Russell 3000 Index, have increased dividend payments each year for at least 35 years, and meet certain liquidity requirements. The Index contains a minimum of 40 stocks which are equally weighted.

ProShares Russell US Dividend Growers ETF trades on the BATS stock market under the symbol TMDV.

As of April 25, 2024, TMDV stock price declined to $46.49 with 304 million shares trading.

TMDV has a market cap of $8.37 million. This is considered a Sub-Micro Cap stock.

In the last 3 years, TMDV stock traded as high as $51.44 and as low as $41.52.

TMDV has underperformed the market in the last year with a return of +1.5%, while the SPY ETF gained +23.1%. In the last 3 month period, TMDV fell short of the market, returning +2.7%, while SPY returned +3.6%. However, in the most recent 2 weeks TMDV has outperformed the stock market by returning -0.3%, while SPY returned -2.5%.

TMDV support price is $46.39 and resistance is $47.19 (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 TMDV stock will trade within this expected range on the day.