Inscription Capital LLC Purchases New Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Inscription Capital LLC purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,143 shares of the company’s stock, valued at approximately $623,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Raymond James Financial Inc. bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter worth approximately $223,255,000. Bank of America Corp DE grew its holdings in ProShares S&P 500 Aristocrats ETF by 3.9% in the 4th quarter. Bank of America Corp DE now owns 4,507,757 shares of the company’s stock valued at $448,747,000 after buying an additional 167,936 shares in the last quarter. GAMMA Investing LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 29,815.4% in the 1st quarter. GAMMA Investing LLC now owns 124,149 shares of the company’s stock valued at $12,686,000 after buying an additional 123,734 shares in the last quarter. JPMorgan Chase & Co. increased its position in ProShares S&P 500 Aristocrats ETF by 38.1% during the 4th quarter. JPMorgan Chase & Co. now owns 248,673 shares of the company’s stock worth $24,755,000 after buying an additional 68,564 shares during the period. Finally, Connecticut Wealth Management LLC lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 109.0% during the fourth quarter. Connecticut Wealth Management LLC now owns 131,350 shares of the company’s stock worth $13,076,000 after buying an additional 68,508 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of ProShares S&P 500 Aristocrats ETF stock opened at $99.20 on Wednesday. The firm has a 50-day moving average of $98.87 and a 200-day moving average of $100.61. ProShares S&P 500 Aristocrats ETF has a 52-week low of $89.76 and a 52-week high of $108.79. The stock has a market cap of $11.34 billion, a PE ratio of 22.15 and a beta of 0.87.

ProShares S&P 500 Aristocrats ETF Company 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.