Park Avenue Securities LLC Grows Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Park Avenue Securities LLC grew its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 3.1% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 27,859 shares of the company’s stock after purchasing an additional 834 shares during the quarter. Park Avenue Securities LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,847,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently modified their holdings of NOBL. Sumitomo Mitsui Trust Group Inc. grew its position in ProShares S&P 500 Aristocrats ETF by 161.1% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 188,770 shares of the company’s stock valued at $18,792,000 after acquiring an additional 116,470 shares in the last quarter. Apollon Wealth Management LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.6% in the fourth quarter. Apollon Wealth Management LLC now owns 32,520 shares of the company’s stock valued at $3,237,000 after purchasing an additional 516 shares during the period. Farmers & Merchants Investments Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $40,000. Stephens Inc. AR increased its stake in ProShares S&P 500 Aristocrats ETF by 6.0% during the 4th quarter. Stephens Inc. AR now owns 14,090 shares of the company’s stock worth $1,403,000 after buying an additional 792 shares during the period. Finally, Kestra Private Wealth Services LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 22.4% in the 4th quarter. Kestra Private Wealth Services LLC now owns 44,150 shares of the company’s stock worth $4,395,000 after buying an additional 8,091 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

BATS:NOBL opened at $100.71 on Tuesday. The firm has a 50-day moving average of $98.12 and a two-hundred day moving average of $100.91. The stock has a market cap of $11.52 billion, a P/E ratio of 22.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1-year low of $89.76 and a 1-year high of $108.79.

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.