Montis Financial LLC Makes New $723,000 Investment in ProShares S&P 500 Aristocrats ETF $NOBL

Montis Financial LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 7,015 shares of the company’s stock, valued at approximately $723,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Nvwm LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 446.7% during the 3rd quarter. Nvwm LLC now owns 246 shares of the company’s stock worth $25,000 after buying an additional 201 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at about $29,000. Maseco LLP acquired a new stake in ProShares S&P 500 Aristocrats ETF during the second quarter worth approximately $34,000. Elevation Point Wealth Partners LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $35,000. Finally, Hilltop National Bank bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at about $46,000.

ProShares S&P 500 Aristocrats ETF Stock Up 10.6%

Shares of BATS:NOBL opened at $109.75 on Friday. The firm has a market cap of $12.45 billion, a PE ratio of 21.15 and a beta of 0.87. The company’s 50 day moving average price is $104.70 and its two-hundred day moving average price is $103.65. ProShares S&P 500 Aristocrats ETF has a 12-month low of $89.76 and a 12-month 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.