Confluence Investment Management LLC Acquires 68,996 Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF $REGL

Confluence Investment Management LLC acquired a new position in ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 68,996 shares of the company’s stock, valued at approximately $5,967,000.

Other large investors also recently made changes to their positions in the company. Ascentis Independent Advisors acquired a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the first quarter valued at $70,000. Compass Financial Management LLC bought a new stake in ProShares S&P MidCap 400 Dividend Aristocrats ETF during the 2nd quarter worth about $200,000. Azimuth Capital Investment Management LLC increased its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 18.7% in the 2nd quarter. Azimuth Capital Investment Management LLC now owns 4,125 shares of the company’s stock valued at $378,000 after acquiring an additional 650 shares in the last quarter. Harbor Investment Advisory LLC increased its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 19.8% in the 2nd quarter. Harbor Investment Advisory LLC now owns 5,090 shares of the company’s stock valued at $466,000 after acquiring an additional 840 shares in the last quarter. Finally, Pinnacle Holdings LLC bought a new position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF in the second quarter worth about $706,000.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

Shares of REGL stock traded up $0.19 during trading hours on Thursday, reaching $86.67. 27,649 shares of the company were exchanged, compared to its average volume of 57,798. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a fifty-two week low of $80.52 and a fifty-two week high of $95.97. The stock’s fifty day moving average is $92.64 and its two-hundred day moving average is $90.51. The company has a market cap of $1.89 billion, a price-to-earnings ratio of 16.11 and a beta of 0.80.

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.