ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Reaches New 1-Year High – Still a Buy?

Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) reached a new 52-week high during trading on Tuesday . The stock traded as high as $81.81 and last traded at $83.63, with a volume of 53109 shares trading hands. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Up 4.3 %

The company’s 50 day moving average is $83.40 and its 200 day moving average is $81.44. The firm has a market capitalization of $1.70 billion, a price-to-earnings ratio of 17.56 and a beta of 0.84.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Announces Dividend

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

Hedge Funds Weigh In On ProShares S&P MidCap 400 Dividend Aristocrats ETF

Several institutional investors and hedge funds have recently modified their holdings of the business. Atlas Brown Inc. grew its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.2% in the fourth quarter. Atlas Brown Inc. now owns 15,873 shares of the company’s stock valued at $1,280,000 after acquiring an additional 189 shares in the last quarter. L.M. Kohn & Company grew its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.9% in the third quarter. L.M. Kohn & Company now owns 8,714 shares of the company’s stock valued at $713,000 after acquiring an additional 249 shares in the last quarter. Heritage Wealth Management Inc. grew its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 4.7% in the third quarter. Heritage Wealth Management Inc. now owns 6,634 shares of the company’s stock valued at $543,000 after acquiring an additional 300 shares in the last quarter. Wilmington Savings Fund Society FSB bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the third quarter worth about $28,000. Finally, Pathway Financial Advisers LLC lifted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 6.1% during the second quarter. Pathway Financial Advisers LLC now owns 6,144 shares of the company’s stock worth $451,000 after purchasing 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.