ProShares S&P 500 Aristocrats ETF $NOBL Stake Raised by Cassaday & Co Wealth Management LLC

Cassaday & Co Wealth Management LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 7.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 661,070 shares of the company’s stock after acquiring an additional 45,410 shares during the quarter. ProShares S&P 500 Aristocrats ETF comprises about 1.7% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 13th biggest holding. Cassaday & Co Wealth Management LLC owned 0.58% of ProShares S&P 500 Aristocrats ETF worth $66,570,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the business. Iron Horse Wealth Management LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 1st quarter worth about $34,000. Maseco LLP acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $34,000. Cheviot Value Management LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 1st quarter worth about $34,000. Hilltop National Bank acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $46,000. Finally, UMB Bank n.a. acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $48,000.

ProShares S&P 500 Aristocrats ETF Trading Up 1.5%

BATS NOBL opened at $100.78 on Tuesday. The stock’s 50-day moving average price is $103.16 and its two-hundred day moving average price is $101.79. The company has a market cap of $11.43 billion, a PE ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year 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.