Beam Wealth Advisors Inc. Invests $763,000 in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL)

Beam Wealth Advisors Inc. bought a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) in the 2nd quarter, HoldingsChannel reports. The firm bought 10,360 shares of the company’s stock, valued at approximately $763,000.

A number of other large investors have also recently added to or reduced their stakes in REGL. Russell Investments Group Ltd. bought a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the first quarter valued at $30,000. SlateStone Wealth LLC acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the first quarter worth $210,000. Cutter & CO Brokerage Inc. acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF during the first quarter worth $228,000. S.A. Mason LLC lifted its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 92.5% during the first quarter. S.A. Mason LLC now owns 3,840 shares of the company’s stock valued at $302,000 after purchasing an additional 1,845 shares during the last quarter. Finally, Pathway Financial Advisers LLC acquired a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the 1st quarter valued at $455,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Trading Up 0.4 %

Shares of REGL opened at $78.99 on Tuesday. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 1-year low of $50.00 and a 1-year high of $56.00. The stock has a market capitalization of $1.61 billion, a P/E ratio of 17.56 and a beta of 0.84. The business’s 50-day moving average price is $77.88 and its 200 day moving average price is $76.42.

ProShares S&P MidCap 400 Dividend Aristocrats ETF 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.