ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Sets New 52-Week High – Here’s Why

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGLGet Free Report)’s stock price reached a new 52-week high on Thursday . The stock traded as high as $93.81 and last traded at $93.81, with a volume of 18164 shares trading hands. The stock had previously closed at $92.04.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 2.1%

The stock has a market cap of $2.05 billion, a P/E ratio of 16.11 and a beta of 0.80. The company has a 50 day simple moving average of $89.78 and a 200 day simple moving average of $89.21.

Institutional Investors Weigh In On ProShares S&P MidCap 400 Dividend Aristocrats ETF

Institutional investors and hedge funds have recently modified their holdings of the company. Ameriprise Financial Inc. raised its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 29.5% in the second quarter. Ameriprise Financial Inc. now owns 199,294 shares of the company’s stock worth $16,251,000 after purchasing an additional 45,417 shares in the last quarter. NewEdge Advisors LLC raised its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 21.9% in the 2nd quarter. NewEdge Advisors LLC now owns 46,099 shares of the company’s stock worth $3,759,000 after acquiring an additional 8,277 shares during the last quarter. Virtu Financial LLC purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter valued at approximately $556,000. Duncan Williams Asset Management LLC acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter worth $269,000. Finally, Captrust Financial Advisors purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 2nd quarter worth approximately $209,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company Profile

(Get Free Report)

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.

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