ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Hits New 12-Month High – What’s Next?

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $81.81 and last traded at $83.76, with a volume of 53109 shares traded. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

The company has a 50-day simple moving average of $81.65 and a 200-day simple moving average of $82.20. The company has a market cap of $1.64 billion, a price-to-earnings ratio of 17.72 and a beta of 0.88.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Dividend Announcement

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

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

Several hedge funds have recently bought and sold shares of REGL. 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 worth $24,764,000 after purchasing an additional 10,995 shares in the last quarter. JPMorgan Chase & Co. boosted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 11.4% in the 3rd quarter. JPMorgan Chase & Co. now owns 195,125 shares of the company’s stock worth $15,957,000 after buying an additional 19,935 shares in the last quarter. Ameriprise Financial Inc. boosted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.1% in the 4th quarter. Ameriprise Financial Inc. now owns 146,074 shares of the company’s stock worth $11,782,000 after buying an additional 9,623 shares in the last quarter. Janney Montgomery Scott LLC boosted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.9% in the 4th quarter. Janney Montgomery Scott LLC now owns 41,267 shares of the company’s stock worth $3,329,000 after buying an additional 385 shares in the last quarter. Finally, United Advisor Group LLC boosted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 16.8% in the 3rd quarter. United Advisor Group LLC now owns 40,385 shares of the company’s stock worth $3,303,000 after buying an additional 5,798 shares in the last quarter.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

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.