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

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGLGet Free Report) reached a new 52-week high during trading on Monday . The stock traded as high as $82.51 and last traded at $82.51, with a volume of 27648 shares changing hands. The stock had previously closed at $81.67.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 0.8 %

The firm has a market cap of $1.70 billion, a P/E ratio of 17.56 and a beta of 0.84. The business’s 50-day moving average is $80.07 and its two-hundred day moving average is $77.37.

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

Several institutional investors have recently made changes to their positions in the stock. Russell Investments Group Ltd. bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 1st quarter worth approximately $30,000. Cutter & CO Brokerage Inc. bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the first quarter valued at $228,000. S.A. Mason LLC boosted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 92.5% during the first quarter. S.A. Mason LLC now owns 3,840 shares of the company’s stock valued at $302,000 after acquiring an additional 1,845 shares during the period. Pathway Financial Advisers LLC grew its position in shares of 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 acquiring an additional 355 shares during the last quarter. Finally, Heritage Wealth Management Inc. bought a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the second quarter worth about $459,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company Profile

(Get Free Report)

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.

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