J.W. Cole Advisors Inc. Buys 7,080 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

J.W. Cole Advisors Inc. grew its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 12.3% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 64,750 shares of the company’s stock after acquiring an additional 7,080 shares during the period. J.W. Cole Advisors Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $6,164,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Redmont Wealth Advisors LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 52.2% during the fourth quarter. Redmont Wealth Advisors LLC now owns 52,697 shares of the company’s stock worth $5,017,000 after purchasing an additional 18,077 shares during the period. Cutler Investment Counsel LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 7.9% during the fourth quarter. Cutler Investment Counsel LLC now owns 25,894 shares of the company’s stock worth $2,465,000 after purchasing an additional 1,892 shares during the period. Kellett Wealth Advisors LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter worth about $1,674,000. Western Wealth Management LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 10.3% during the fourth quarter. Western Wealth Management LLC now owns 8,353 shares of the company’s stock worth $795,000 after purchasing an additional 781 shares during the period. Finally, Curran Financial Partners LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 2.7% during the fourth quarter. Curran Financial Partners LLC now owns 50,734 shares of the company’s stock worth $4,743,000 after purchasing an additional 1,329 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Performance

ProShares S&P 500 Aristocrats ETF stock traded up $0.68 during midday trading on Friday, reaching $97.04. 557,007 shares of the company’s stock were exchanged. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97. The firm has a market cap of $11.84 billion, a price-to-earnings ratio of 21.27 and a beta of 0.73. The stock’s 50-day simple moving average is $97.94 and its 200 day simple moving average is $93.62.

ProShares S&P 500 Aristocrats ETF Profile

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.