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

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) shares traded down 1.4% during trading on Thursday . The stock traded as low as $89.77 and last traded at $90.09. 57,385 shares changed hands during 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 Trading Down 1.4%

The company has a market capitalization of $1.97 billion, a PE ratio of 16.11 and a beta of 0.80. The firm has a 50 day simple moving average of $89.47 and a two-hundred day simple moving average of $86.14.

Institutional Trading of ProShares S&P MidCap 400 Dividend Aristocrats ETF

Several hedge funds have recently made changes to their positions in the company. Garton & Associates Financial Advisors LLC purchased a new position in 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 4th 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 in the last quarter. Sunbelt Securities Inc. acquired a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 3rd quarter worth approximately $117,000. GAMMA Investing LLC acquired a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 4th quarter worth approximately $171,000. Finally, Captrust Financial Advisors purchased a new position in shares of 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

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.