Inscription Capital LLC Takes $623,000 Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Inscription Capital LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the first quarter, Holdings Channel reports. The firm purchased 6,143 shares of the company’s stock, valued at approximately $623,000.

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

ProShares S&P 500 Aristocrats ETF Stock Down 0.1%

NOBL opened at $99.20 on Wednesday. The stock has a market capitalization of $11.34 billion, a price-to-earnings ratio of 22.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a twelve month low of $89.76 and a twelve month high of $108.79. The company has a 50-day simple moving average of $98.87 and a 200 day simple moving average of $100.61.

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.