2,696 Shares in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Bought by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) in the third quarter, Holdings Channel.com reports. The fund purchased 2,696 shares of the company’s stock, valued at approximately $220,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in REGL. Beam Wealth Advisors Inc. purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the second quarter valued at $763,000. Heritage Wealth Management Inc. purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the second quarter valued at $459,000. Pathway Financial Advisers LLC purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the first quarter valued at $455,000. S.A. Mason LLC lifted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 29.9% during the second quarter. S.A. Mason LLC now owns 4,987 shares of the company’s stock valued at $367,000 after buying an additional 1,147 shares during the period. Finally, Russell Investments Group Ltd. purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the first quarter valued at $30,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

Shares of REGL traded up $0.93 during trading hours on Tuesday, hitting $81.76. The company had a trading volume of 31,980 shares. The firm has a fifty day moving average price of $80.89 and a 200-day moving average price of $77.71. The stock has a market capitalization of $1.66 billion, a price-to-earnings ratio of 17.56 and a beta of 0.84. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 52-week low of $50.00 and a 52-week high of $56.00.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Profile

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.