Bessemer Group Inc. Invests $540,000 in ProShares S&P MidCap 400 Dividend Aristocrats ETF $REGL

Bessemer Group Inc. purchased a new stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF (BATS:REGL) during the third quarter, Holdings Channel.com reports. The fund purchased 6,323 shares of the company’s stock, valued at approximately $540,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Jones Financial Companies Lllp grew its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 10.5% in the 3rd quarter. Jones Financial Companies Lllp now owns 70,237 shares of the company’s stock worth $5,975,000 after purchasing an additional 6,685 shares in the last quarter. L.M. Kohn & Company boosted its stake in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 20.4% in the 3rd quarter. L.M. Kohn & Company now owns 10,339 shares of the company’s stock worth $882,000 after buying an additional 1,750 shares during the last quarter. Hollencrest Capital Management grew its holdings in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.0% in the third quarter. Hollencrest Capital Management now owns 17,484 shares of the company’s stock valued at $1,492,000 after acquiring an additional 170 shares in the last quarter. Cullen Frost Bankers Inc. increased its position in shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF by 54.1% during the third quarter. Cullen Frost Bankers Inc. now owns 2,817 shares of the company’s stock valued at $240,000 after acquiring an additional 989 shares during the last quarter. Finally, Atlas Brown Inc. boosted its position in ProShares S&P MidCap 400 Dividend Aristocrats ETF by 1.3% in the third quarter. Atlas Brown Inc. now owns 16,170 shares of the company’s stock worth $1,380,000 after purchasing an additional 212 shares during the last quarter.

ProShares S&P MidCap 400 Dividend Aristocrats ETF Price Performance

Shares of ProShares S&P MidCap 400 Dividend Aristocrats ETF stock opened at $92.88 on Thursday. The firm has a market cap of $2.03 billion, a PE ratio of 16.11 and a beta of 0.80. ProShares S&P MidCap 400 Dividend Aristocrats ETF has a 1 year low of $71.58 and a 1 year high of $93.50. The stock has a fifty day moving average price of $87.29 and a 200-day moving average price of $85.18.

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.