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

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $85.37 and last traded at $84.80, with a volume of 42028 shares traded. The stock had previously closed at $85.23.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Down 0.5 %

The business has a fifty day moving average price of $84.10 and a 200-day moving average price of $79.87. The company has a market cap of $1.73 billion, a P/E ratio of 17.56 and a beta of 0.84.

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

Several large investors have recently made changes to their positions in the company. Heritage Wealth Management Inc. bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter worth $459,000. Beam Wealth Advisors Inc. bought a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter worth approximately $763,000. Cutter & CO Brokerage Inc. purchased a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the third quarter worth $220,000. Pathway Financial Advisers LLC grew its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 6.1% during 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. Finally, S.A. Mason LLC grew its stake in 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 valued at $437,000 after acquiring an additional 358 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.