ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Hits New 1-Year High – Here’s What Happened

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL)’s stock price hit a new 52-week high during mid-day trading on Thursday . The company traded as high as $81.81 and last traded at $81.59, with a volume of 53109 shares trading hands. The stock had previously closed at $80.21.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

The stock has a market cap of $1.67 billion, a PE ratio of 17.56 and a beta of 0.84. The firm has a 50-day moving average price of $83.68 and a 200-day moving average price of $80.91.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.6061 dividend. The ex-dividend date was Monday, December 23rd.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Rosenberg Matthew Hamilton bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 4th quarter worth about $31,000. Atlas Brown Inc. boosted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.2% during the 4th quarter. Atlas Brown Inc. now owns 15,873 shares of the company’s stock valued at $1,280,000 after acquiring an additional 189 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 11.4% in the third quarter. JPMorgan Chase & Co. now owns 195,125 shares of the company’s stock worth $15,957,000 after acquiring an additional 19,935 shares during the period. Wilmington Savings Fund Society FSB purchased a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the third quarter valued at approximately $28,000. Finally, L.M. Kohn & Company raised its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 2.9% during the third quarter. L.M. Kohn & Company now owns 8,714 shares of the company’s stock valued at $713,000 after purchasing an additional 249 shares during 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.