Duncan Williams Asset Management LLC Acquires Shares of 7,280 ProShares S&P 500 Aristocrats ETF $NOBL

Duncan Williams Asset Management LLC bought a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 7,280 shares of the company’s stock, valued at approximately $733,000.

Several other hedge funds have also recently modified their holdings of the stock. Asset Management One Co. Ltd. increased its stake in ProShares S&P 500 Aristocrats ETF by 95.1% during the 1st quarter. Asset Management One Co. Ltd. now owns 1,110 shares of the company’s stock worth $113,000 after buying an additional 541 shares in the last quarter. GAMMA Investing LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 192.8% in the first quarter. GAMMA Investing LLC now owns 1,215 shares of the company’s stock worth $124,000 after acquiring an additional 800 shares during the last quarter. Brown Advisory Inc. increased its position in shares of ProShares S&P 500 Aristocrats ETF by 30.3% during the first quarter. Brown Advisory Inc. now owns 6,743 shares of the company’s stock worth $689,000 after purchasing an additional 1,569 shares in the last quarter. Bank of New York Mellon Corp raised its stake in ProShares S&P 500 Aristocrats ETF by 49.7% in the 1st quarter. Bank of New York Mellon Corp now owns 16,311 shares of the company’s stock valued at $1,667,000 after purchasing an additional 5,417 shares during the last quarter. Finally, AE Wealth Management LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 61.5% in the 1st quarter. AE Wealth Management LLC now owns 4,161 shares of the company’s stock valued at $425,000 after purchasing an additional 1,584 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 4.5%

Shares of NOBL opened at $103.77 on Monday. 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 $11.77 billion, a PE ratio of 21.15 and a beta of 0.87. The firm’s fifty day moving average is $103.66 and its two-hundred day moving average is $101.10.

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.