ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Reaches New 12-Month High – Should You Buy?

Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) reached a new 52-week high during mid-day trading on Thursday . The company traded as high as $81.81 and last traded at $81.59, with a volume of 53109 shares. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Up 2.3 %

The company has a market cap of $1.67 billion, a P/E ratio of 17.56 and a beta of 0.84. The company has a fifty day moving average of $83.68 and a 200 day moving average of $80.91.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors 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

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Wilmington Savings Fund Society FSB bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 3rd quarter valued at $28,000. Rosenberg Matthew Hamilton bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the fourth quarter valued at about $31,000. Cutter & CO Brokerage Inc. purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter worth about $220,000. S.A. Mason LLC lifted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.2% during the 3rd quarter. S.A. Mason LLC now owns 5,345 shares of the company’s stock valued at $437,000 after buying an additional 358 shares in the last quarter. Finally, Pathway Financial Advisers LLC grew its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 6.1% during the 2nd quarter. Pathway Financial Advisers LLC now owns 6,144 shares of the company’s stock valued at $451,000 after acquiring an additional 355 shares during the period.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company 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.