ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) Trading Down 0.2% – Here’s What Happened

ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) were down 0.2% on Monday . The company traded as low as $90.69 and last traded at $90.88. 27,679 shares were traded during mid-day trading, a decline of 53% from the average session volume of 59,342 shares. The stock had previously closed at $91.03.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Stock Performance

The firm has a market cap of $1.98 billion, a P/E ratio of 16.11 and a beta of 0.80. The business’s 50-day simple moving average is $93.50 and its 200 day simple moving average is $90.62.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in REGL. Ascentis Independent Advisors purchased a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 1st quarter valued at $70,000. Compass Financial Management LLC acquired a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 2nd quarter valued at about $200,000. Duncan Williams Asset Management LLC purchased a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF in the fourth quarter valued at about $269,000. Azimuth Capital Investment Management LLC raised its stake in 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 buying an additional 650 shares during the last quarter. Finally, Harbor Investment Advisory LLC boosted its holdings in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 19.8% in the second quarter. Harbor Investment Advisory LLC now owns 5,090 shares of the company’s stock worth $466,000 after acquiring an additional 840 shares in 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.