Cambridge Investment Research Advisors Inc. Purchases 7,957 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Cambridge Investment Research Advisors Inc. boosted its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.6% in the 2nd quarter, HoldingsChannel reports. The firm owned 507,727 shares of the company’s stock after buying an additional 7,957 shares during the period. Cambridge Investment Research Advisors Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $47,868,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Saxon Interests Inc. increased its position in ProShares S&P 500 Aristocrats ETF by 2.4% in the 2nd quarter. Saxon Interests Inc. now owns 15,036 shares of the company’s stock valued at $1,418,000 after acquiring an additional 355 shares in the last quarter. Shira Ridge Wealth Management increased its position in ProShares S&P 500 Aristocrats ETF by 11.2% in the 2nd quarter. Shira Ridge Wealth Management now owns 9,814 shares of the company’s stock valued at $925,000 after acquiring an additional 990 shares in the last quarter. Bath Savings Trust Co increased its position in ProShares S&P 500 Aristocrats ETF by 5.9% in the 2nd quarter. Bath Savings Trust Co now owns 3,815 shares of the company’s stock valued at $360,000 after acquiring an additional 212 shares in the last quarter. Platform Technology Partners increased its position in ProShares S&P 500 Aristocrats ETF by 1.3% in the 2nd quarter. Platform Technology Partners now owns 9,283 shares of the company’s stock valued at $878,000 after acquiring an additional 118 shares in the last quarter. Finally, Capital Advisors Wealth Management LLC increased its position in ProShares S&P 500 Aristocrats ETF by 1.4% in the 2nd quarter. Capital Advisors Wealth Management LLC now owns 38,679 shares of the company’s stock valued at $3,647,000 after acquiring an additional 546 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

NOBL traded down $0.20 during midday trading on Tuesday, hitting $92.64. The company had a trading volume of 716,064 shares. The company has a market capitalization of $11.45 billion, a PE ratio of 17.72 and a beta of 0.89. ProShares S&P 500 Aristocrats ETF has a twelve month low of $55.69 and a twelve month high of $67.97. The firm’s 50-day simple moving average is $94.64 and its 200-day simple moving average is $92.32.

About ProShares S&P 500 Aristocrats ETF

The ProShares S&P 500 Dividend Aristocrats ETF (NOBL) is an exchange-traded fund that is based on the S&P 500 Dividend Aristocrats index. The fund tracks an equal-weighted index of S&P 500 constituents that have increased dividend payments annually for at least 25 years. NOBL was launched on Oct 9, 2013 and is managed by ProShares.