ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Hits New 1-Year High – What’s Next?

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL)’s share price hit a new 52-week high during mid-day trading on Monday . The stock traded as high as $81.81 and last traded at $81.82, with a volume of 53109 shares trading hands. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

The stock has a 50 day moving average price of $82.53 and a 200 day moving average price of $81.76. The company has a market capitalization of $1.66 billion, a P/E ratio of 17.56 and a beta of 0.84.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Dividend Announcement

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid 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 large investors have recently modified their holdings of REGL. JPMorgan Chase & Co. lifted its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 11.4% in the third quarter. JPMorgan Chase & Co. now owns 195,125 shares of the company’s stock valued at $15,957,000 after purchasing an additional 19,935 shares during the last quarter. Janney Montgomery Scott LLC grew its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.9% during the 4th quarter. Janney Montgomery Scott LLC now owns 41,267 shares of the company’s stock worth $3,329,000 after acquiring an additional 385 shares during the period. United Advisor Group LLC raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 16.8% in the 3rd quarter. United Advisor Group LLC now owns 40,385 shares of the company’s stock valued at $3,303,000 after acquiring an additional 5,798 shares during the period. Jones Financial Companies Lllp raised its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 43.0% in the fourth quarter. Jones Financial Companies Lllp now owns 40,019 shares of the company’s stock valued at $3,228,000 after purchasing an additional 12,038 shares during the period. Finally, Hollencrest Capital Management lifted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.2% during the fourth quarter. Hollencrest Capital Management now owns 17,204 shares of the company’s stock worth $1,388,000 after acquiring an additional 211 shares in the last quarter.

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.