ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Stock Price Down 1.4% – Here’s Why

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGLGet Free Report) fell 1.4% on Thursday . The company traded as low as $89.77 and last traded at $90.09. 57,385 shares traded hands during mid-day trading, a decline of 16% from the average session volume of 68,014 shares. The stock had previously closed at $91.34.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Down 1.4%

The company has a market cap of $1.97 billion, a PE ratio of 16.11 and a beta of 0.80. The business’s 50 day moving average price is $89.47 and its 200-day moving average price is $86.14.

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

A number of institutional investors and hedge funds have recently added to or reduced their stakes in REGL. Garton & Associates Financial Advisors LLC purchased a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the fourth quarter worth about $50,000. Whittier Trust Co. of Nevada Inc. boosted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 410.8% in the fourth quarter. Whittier Trust Co. of Nevada Inc. now owns 1,037 shares of the company’s stock valued at $89,000 after purchasing an additional 834 shares during the last quarter. Sunbelt Securities Inc. acquired a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 3rd quarter valued at approximately $117,000. GAMMA Investing LLC acquired a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 4th quarter valued at approximately $171,000. Finally, Captrust Financial Advisors purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 2nd quarter worth approximately $209,000.

About ProShares S&P MidCap 400 Dividend Aristocrats ETF

(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.

See Also

Receive News & Ratings for ProShares S&P MidCap 400 Dividend Aristocrats ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares S&P MidCap 400 Dividend Aristocrats ETF and related companies with MarketBeat.com's FREE daily email newsletter.