ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Hits New 12-Month High – Still a Buy?

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) reached a new 52-week high during trading on Thursday . The company traded as high as $81.81 and last traded at $81.59, with a volume of 53109 shares changing hands. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

The stock has a market cap of $1.68 billion, a PE ratio of 17.56 and a beta of 0.84. The stock’s 50-day moving average is $83.60 and its two-hundred day moving average is $80.98.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Dividend Announcement

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

Institutional Inflows and Outflows

Institutional investors have recently made changes to their positions in the business. Wilmington Savings Fund Society FSB purchased a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter valued at $28,000. Rosenberg Matthew Hamilton purchased a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 4th quarter valued at about $31,000. Cutter & CO Brokerage Inc. acquired a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the third quarter worth about $220,000. S.A. Mason LLC increased its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 7.2% during the third quarter. S.A. Mason LLC now owns 5,345 shares of the company’s stock worth $437,000 after buying an additional 358 shares during the period. Finally, Pathway Financial Advisers LLC raised its holdings in 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 acquiring an additional 355 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.