Commonwealth Equity Services LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor bought 1,003,333 shares of the company’s stock, valued at approximately $54,280,000.
Several other hedge funds also recently added to or reduced their stakes in NOBL. Rockland Trust Co. boosted its holdings in ProShares S&P 500 Aristocrats ETF by 106.0% in the second quarter. Rockland Trust Co. now owns 1,498,301 shares of the company’s stock worth $84,145,000 after acquiring an additional 770,811 shares in the last quarter. Tidal Investments LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the second quarter valued at about $22,128,000. Baird Financial Group Inc. increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 100.9% during the second quarter. Baird Financial Group Inc. now owns 725,687 shares of the company’s stock valued at $40,755,000 after acquiring an additional 364,452 shares in the last quarter. Toth Financial Advisory Corp purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at approximately $18,671,000. Finally, Envestnet Asset Management Inc. raised its position in shares of ProShares S&P 500 Aristocrats ETF by 100.1% in the 2nd quarter. Envestnet Asset Management Inc. now owns 456,871 shares of the company’s stock valued at $25,658,000 after purchasing an additional 228,526 shares during the last quarter.
ProShares S&P 500 Aristocrats ETF Trading Down 1.1%
Shares of ProShares S&P 500 Aristocrats ETF stock opened at $59.77 on Friday. ProShares S&P 500 Aristocrats ETF has a twelve month low of $50.45 and a twelve month high of $61.98. The firm’s 50-day moving average price is $56.79 and its 200 day moving average price is $55.75. The firm has a market capitalization of $6.78 billion, a PE ratio of 21.15 and a beta of 0.87.
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.
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