ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Sets New 12-Month High – Time to Buy?

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) shares hit a new 52-week high during trading on Wednesday . The company traded as high as $93.50 and last traded at $92.9290, with a volume of 7347 shares traded. The stock had previously closed at $92.87.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

The stock has a market capitalization of $2.03 billion, a P/E ratio of 16.11 and a beta of 0.80. The business’s 50 day moving average price is $87.11 and its 200 day moving average price is $85.13.

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

A number of hedge funds have recently modified their holdings of the company. Private Trust Co. NA lifted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 5.9% during the 2nd quarter. Private Trust Co. NA now owns 2,349 shares of the company’s stock valued at $192,000 after buying an additional 130 shares in the last quarter. Rosenberg Matthew Hamilton increased its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 13.9% during the second quarter. Rosenberg Matthew Hamilton now owns 1,071 shares of the company’s stock worth $87,000 after acquiring an additional 131 shares during the period. Heritage Wealth Management Inc. raised its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.3% during the second quarter. Heritage Wealth Management Inc. now owns 6,767 shares of the company’s stock valued at $552,000 after acquiring an additional 152 shares in the last quarter. Hollencrest Capital Management boosted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.0% in the third quarter. Hollencrest Capital Management now owns 17,484 shares of the company’s stock valued at $1,492,000 after purchasing an additional 170 shares during the period. Finally, Atlas Brown Inc. grew its stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.3% in the third quarter. Atlas Brown Inc. now owns 16,170 shares of the company’s stock worth $1,380,000 after purchasing an additional 212 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.