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

Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) reached a new 52-week high on Tuesday . The stock traded as high as $81.81 and last traded at $81.97, with a volume of 53109 shares traded. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

The firm has a 50-day moving average of $82.03 and a 200 day moving average of $81.87. The stock has a market capitalization of $1.68 billion, a price-to-earnings ratio of 17.56 and a beta of 0.84.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Dividend Announcement

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

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the stock. Baird Financial Group Inc. boosted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 3.7% during the fourth quarter. Baird Financial Group Inc. now owns 307,013 shares of the company’s stock valued at $24,764,000 after purchasing an additional 10,995 shares during the last quarter. JPMorgan Chase & Co. raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 11.4% in the third 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 during the period. Ameriprise Financial Inc. raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.1% in the fourth quarter. Ameriprise Financial Inc. now owns 146,074 shares of the company’s stock valued at $11,782,000 after buying an additional 9,623 shares during the period. Janney Montgomery Scott LLC raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.9% in the fourth quarter. Janney Montgomery Scott LLC now owns 41,267 shares of the company’s stock valued at $3,329,000 after buying an additional 385 shares during the period. Finally, United Advisor Group LLC raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 16.8% in the third quarter. United Advisor Group LLC now owns 40,385 shares of the company’s stock valued at $3,303,000 after buying an additional 5,798 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.