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

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) shares hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $81.81 and last traded at $81.72, with a volume of 53109 shares trading hands. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

The business has a 50 day simple moving average of $81.69 and a 200 day simple moving average of $82.29. The company has a market cap of $1.60 billion, a price-to-earnings ratio of 17.72 and a beta of 0.88.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Announces Dividend

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

Several hedge funds and other institutional investors have recently added to or reduced their stakes in REGL. Atlas Brown Inc. increased its holdings 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 purchasing an additional 189 shares in the last quarter. Hollencrest Capital Management grew its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.2% during the 4th quarter. Hollencrest Capital Management now owns 17,204 shares of the company’s stock worth $1,388,000 after buying an additional 211 shares during the period. L.M. Kohn & Company increased its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.9% in the 3rd 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 during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.5% in the 4th quarter. Integrated Wealth Concepts LLC now owns 4,552 shares of the company’s stock valued at $367,000 after acquiring an additional 317 shares during the period. Finally, Wilmington Savings Fund Society FSB bought a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 3rd quarter worth approximately $28,000.

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.