ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Reaches New 12-Month High – Should You Buy?

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

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Up 1.8 %

The firm has a market capitalization of $1.66 billion, a price-to-earnings ratio of 17.56 and a beta of 0.84. The business’s fifty day moving average is $81.69 and its 200 day moving average is $82.03.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Announces Dividend

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.6061 dividend. The ex-dividend date was Monday, December 23rd.

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

Several hedge funds have recently made changes to their positions in the business. Baird Financial Group Inc. boosted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 3.7% during the fourth quarter. Baird Financial Group Inc. now owns 307,013 shares of the company’s stock worth $24,764,000 after purchasing an additional 10,995 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.1% during the 4th quarter. Ameriprise Financial Inc. now owns 146,074 shares of the company’s stock worth $11,782,000 after buying an additional 9,623 shares during the last quarter. Integrated Wealth Concepts LLC grew its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.5% in the fourth quarter. Integrated Wealth Concepts LLC now owns 4,552 shares of the company’s stock valued at $367,000 after buying an additional 317 shares in the last quarter. Russell Investments Group Ltd. increased its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 559.2% during the fourth quarter. Russell Investments Group Ltd. now owns 791 shares of the company’s stock worth $64,000 after buying an additional 671 shares during the last quarter. Finally, Cozad Asset Management Inc. raised its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 10.9% during the fourth quarter. Cozad Asset Management Inc. now owns 12,470 shares of the company’s stock worth $1,006,000 after acquiring an additional 1,230 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.