ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Reaches New 52-Week High – What’s Next?

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL)’s stock price reached a new 52-week high during trading on Tuesday . The company traded as high as $95.55 and last traded at $95.55, with a volume of 7519 shares changing hands. The stock had previously closed at $94.18.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

The firm has a market capitalization of $2.09 billion, a PE ratio of 16.11 and a beta of 0.80. The company has a 50-day moving average price of $90.57 and a 200 day moving average price of $89.68.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in REGL. Ameriprise Financial Inc. grew its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 3.8% during the 3rd quarter. Ameriprise Financial Inc. now owns 206,803 shares of the company’s stock valued at $17,650,000 after buying an additional 7,509 shares in the last quarter. Janney Montgomery Scott LLC raised its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.4% during the first quarter. Janney Montgomery Scott LLC now owns 66,477 shares of the company’s stock valued at $5,744,000 after buying an additional 1,581 shares during the last quarter. NewEdge Advisors LLC lifted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 21.9% in the second quarter. NewEdge Advisors LLC now owns 46,099 shares of the company’s stock worth $3,759,000 after buying an additional 8,277 shares in the last quarter. Hollencrest Capital Management lifted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 0.7% in the fourth quarter. Hollencrest Capital Management now owns 17,609 shares of the company’s stock worth $1,483,000 after buying an additional 125 shares in the last quarter. Finally, Nations Financial Group Inc. IA ADV boosted its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 4.0% during the first quarter. Nations Financial Group Inc. IA ADV now owns 14,620 shares of the company’s stock worth $1,263,000 after acquiring an additional 567 shares during the last quarter.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Company Profile

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.