Steel Grove Capital Advisors LLC Purchases 5,871 Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF $REGL

Steel Grove Capital Advisors LLC acquired a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) during the third quarter, HoldingsChannel.com reports. The institutional investor acquired 5,871 shares of the company’s stock, valued at approximately $508,000.

Several other hedge funds have also recently added to or reduced their stakes in the business. Ascentis Independent Advisors acquired a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the first quarter worth about $70,000. Compass Financial Management LLC acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter valued at approximately $200,000. Azimuth Capital Investment Management LLC grew its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 18.7% in the second quarter. Azimuth Capital Investment Management LLC now owns 4,125 shares of the company’s stock valued at $378,000 after purchasing an additional 650 shares during the last quarter. Harbor Investment Advisory LLC increased its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 19.8% during the 2nd quarter. Harbor Investment Advisory LLC now owns 5,090 shares of the company’s stock worth $466,000 after purchasing an additional 840 shares in the last quarter. Finally, Pinnacle Holdings LLC purchased a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 2nd quarter worth approximately $706,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Up 0.2%

Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF stock traded up $0.17 during trading on Tuesday, hitting $87.87. 13,043 shares of the company were exchanged, compared to its average volume of 57,937. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a fifty-two week low of $80.52 and a fifty-two week high of $95.97. The firm has a 50 day moving average price of $91.54 and a 200 day moving average price of $90.58. The stock has a market capitalization of $1.92 billion, a price-to-earnings ratio of 16.11 and a beta of 0.80.

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.