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

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL)’s stock price reached a new 52-week high during mid-day trading on Monday . The company traded as high as $81.81 and last traded at $81.54, with a volume of 53109 shares trading hands. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 2.8 %

The business has a fifty day moving average of $81.60 and a 200-day moving average of $82.09. The firm has a market cap of $1.62 billion, a PE ratio of 17.72 and a beta of 0.88.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Dividend Announcement

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Stockholders 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

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB bought a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 3rd quarter worth about $28,000. Farther Finance Advisors LLC grew its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2,707.7% during the fourth quarter. Farther Finance Advisors LLC now owns 365 shares of the company’s stock worth $29,000 after purchasing an additional 352 shares in the last quarter. Rosenberg Matthew Hamilton bought a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter worth approximately $31,000. Russell Investments Group Ltd. raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 559.2% in the fourth quarter. Russell Investments Group Ltd. now owns 791 shares of the company’s stock valued at $64,000 after purchasing an additional 671 shares in the last quarter. Finally, Cullen Frost Bankers Inc. purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter valued at approximately $147,000.

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.