ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Hits New 1-Year High – Should You Buy?

Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) hit a new 52-week high during trading on Wednesday . The company traded as high as $81.81 and last traded at $83.54, with a volume of 53109 shares changing hands. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 4.2 %

The stock’s fifty day moving average price is $83.54 and its 200 day moving average price is $81.16. The stock has a market cap of $1.70 billion, a P/E ratio of 17.56 and a beta of 0.84.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Announces Dividend

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.6061 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Trading of ProShares S&P MidCap 400 Dividend Aristocrats ETF

A number of hedge funds have recently made changes to their positions in the stock. JPMorgan Chase & Co. increased its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 11.4% during the 3rd quarter. JPMorgan Chase & Co. now owns 195,125 shares of the company’s stock valued at $15,957,000 after buying an additional 19,935 shares in the last quarter. Janney Montgomery Scott LLC increased its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.9% during the fourth quarter. Janney Montgomery Scott LLC now owns 41,267 shares of the company’s stock valued at $3,329,000 after acquiring an additional 385 shares in the last quarter. United Advisor Group LLC raised its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 16.8% in the 3rd quarter. United Advisor Group LLC now owns 40,385 shares of the company’s stock worth $3,303,000 after purchasing an additional 5,798 shares during the last quarter. Atlas Brown Inc. raised its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.2% in the 4th quarter. Atlas Brown Inc. now owns 15,873 shares of the company’s stock worth $1,280,000 after purchasing an additional 189 shares during the last quarter. Finally, Nations Financial Group Inc. IA ADV grew its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 20.2% during the 3rd quarter. Nations Financial Group Inc. IA ADV now owns 13,216 shares of the company’s stock valued at $1,081,000 after purchasing an additional 2,220 shares during the last quarter.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

The ProShares S&P MidCap 400 Dividend Aristocrats ETF (REGL) is an exchange-traded fund that is based on the S&P MidCap 400 Dividend Aristocrats index. The fund tracks an equal-weighted index of mid-cap companies that have increased their dividends for at least 15-consecutive years. REGL was launched on Feb 5, 2015 and is managed by ProShares.