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 reached a new 52-week high on Monday . The stock traded as high as $89.45 and last traded at $88.80, with a volume of 60946 shares traded. The stock had previously closed at $87.64.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 1.3 %

The stock has a fifty day moving average of $82.45 and a 200-day moving average of $78.79. The firm has a market capitalization of $1.81 billion, a price-to-earnings ratio of 17.56 and a beta of 0.84.

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

A number of institutional investors have recently bought and sold shares of REGL. Wilmington Savings Fund Society FSB acquired a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter worth about $28,000. Russell Investments Group Ltd. acquired a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 1st quarter worth approximately $30,000. Cutter & CO Brokerage Inc. purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 3rd quarter worth approximately $220,000. S.A. Mason LLC raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 29.9% during the 2nd quarter. S.A. Mason LLC now owns 4,987 shares of the company’s stock valued at $367,000 after purchasing an additional 1,147 shares during the period. Finally, Pathway Financial Advisers LLC lifted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 6.1% in the second quarter. Pathway Financial Advisers LLC now owns 6,144 shares of the company’s stock valued at $451,000 after purchasing an additional 355 shares in 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.