ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Reaches New 52-Week 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 $83.63, with a volume of 53109 shares. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 2.7 %

The stock has a market cap of $1.68 billion, a P/E ratio of 17.56 and a beta of 0.84. The stock’s 50-day moving average is $83.34 and its 200-day moving average is $81.55.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Announces Dividend

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.6061 dividend. The ex-dividend date of this dividend 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 position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.2% during the 4th 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 during the period. L.M. Kohn & Company boosted its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.9% during the third quarter. L.M. Kohn & Company now owns 8,714 shares of the company’s stock valued at $713,000 after buying an additional 249 shares in the last quarter. Heritage Wealth Management Inc. grew its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 4.7% during the third quarter. Heritage Wealth Management Inc. now owns 6,634 shares of the company’s stock worth $543,000 after acquiring an additional 300 shares during the period. Wilmington Savings Fund Society FSB bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter worth about $28,000. Finally, S.A. Mason LLC lifted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.2% in the 3rd quarter. S.A. Mason LLC now owns 5,345 shares of the company’s stock valued at $437,000 after acquiring an additional 358 shares during the last quarter.

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.