ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Stock Price Down 0.2% – Should You Sell?

Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) were down 0.2% on Monday . The company traded as low as $90.69 and last traded at $90.88. 27,679 shares traded hands during mid-day trading, a decline of 53% from the average session volume of 59,342 shares. The stock had previously closed at $91.03.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Down 0.4%

The stock has a market cap of $1.98 billion, a P/E ratio of 16.11 and a beta of 0.80. The stock has a fifty day simple moving average of $93.47 and a 200-day simple moving average of $90.61.

Institutional Trading of ProShares S&P MidCap 400 Dividend Aristocrats ETF

Large investors have recently made changes to their positions in the company. Pinnacle Holdings LLC acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the second quarter worth about $706,000. Azimuth Capital Investment Management LLC grew its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 18.7% in the 2nd quarter. Azimuth Capital Investment Management LLC now owns 4,125 shares of the company’s stock valued at $378,000 after purchasing an additional 650 shares during the period. Compass Financial Management LLC acquired a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 2nd quarter valued at approximately $200,000. Harbor Investment Advisory LLC increased its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 19.8% during the 2nd quarter. Harbor Investment Advisory LLC now owns 5,090 shares of the company’s stock worth $466,000 after purchasing an additional 840 shares in the last quarter. Finally, Ascentis Independent Advisors bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 1st quarter worth approximately $70,000.

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.