Kellett Wealth Advisors LLC Invests $1.67 Million in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Kellett Wealth Advisors LLC acquired a new position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the fourth quarter, Holdings Channel.com reports. The firm acquired 17,588 shares of the company’s stock, valued at approximately $1,674,000. ProShares S&P 500 Aristocrats ETF comprises 1.2% of Kellett Wealth Advisors LLC’s holdings, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Moneta Group Investment Advisors LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 103,528.9% during the fourth quarter. Moneta Group Investment Advisors LLC now owns 2,824,925 shares of the company’s stock valued at $254,215,000 after purchasing an additional 2,822,199 shares in the last quarter. International Assets Investment Management LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 8,882.5% in the fourth quarter. International Assets Investment Management LLC now owns 805,553 shares of the company’s stock valued at $76,689,000 after buying an additional 796,585 shares during the last quarter. Morgan Stanley raised its position in shares of ProShares S&P 500 Aristocrats ETF by 5.6% in the fourth quarter. Morgan Stanley now owns 12,199,355 shares of the company’s stock valued at $1,097,820,000 after buying an additional 652,159 shares during the last quarter. Cerity Partners LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 2,388.1% in the fourth quarter. Cerity Partners LLC now owns 360,234 shares of the company’s stock valued at $32,417,000 after buying an additional 345,756 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 8.0% in the third quarter. LPL Financial LLC now owns 2,985,543 shares of the company’s stock valued at $264,370,000 after buying an additional 220,263 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 0.4 %

ProShares S&P 500 Aristocrats ETF stock traded up $0.36 during midday trading on Thursday, hitting $96.36. 428,770 shares of the stock were exchanged. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $55.69 and a fifty-two week high of $67.97. The stock has a market capitalization of $11.76 billion, a price-to-earnings ratio of 21.27 and a beta of 0.73. The stock’s 50-day simple moving average is $97.87 and its 200 day simple moving average is $93.53.

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.