ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Reaches New 1-Year High – Here’s What Happened

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $81.81 and last traded at $83.63, 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 company has a market cap of $1.68 billion, a price-to-earnings ratio of 17.56 and a beta of 0.84. The stock has a 50-day moving average price of $83.34 and a 200 day moving average price of $81.55.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Announces Dividend

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

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Wilmington Savings Fund Society FSB acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the third quarter worth $28,000. Rosenberg Matthew Hamilton acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 4th quarter valued at about $31,000. Cutter & CO Brokerage Inc. bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter valued at about $220,000. S.A. Mason LLC boosted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.2% during the third quarter. S.A. Mason LLC now owns 5,345 shares of the company’s stock worth $437,000 after buying an additional 358 shares during the period. 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

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.