ProShares S&P 500 Aristocrats ETF $NOBL Stock Position Increased by Carrera Capital Advisors

Carrera Capital Advisors boosted its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 14.3% during the third quarter, Holdings Channel.com reports. The institutional investor owned 331,676 shares of the company’s stock after acquiring an additional 41,445 shares during the period. ProShares S&P 500 Aristocrats ETF makes up approximately 6.1% of Carrera Capital Advisors’ portfolio, making the stock its 2nd largest position. Carrera Capital Advisors’ holdings in ProShares S&P 500 Aristocrats ETF were worth $34,186,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Nvwm LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 446.7% during the third quarter. Nvwm LLC now owns 246 shares of the company’s stock valued at $25,000 after acquiring an additional 201 shares during the last quarter. Qube Research & Technologies Ltd purchased a new position in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at about $29,000. Elevation Point Wealth Partners LLC purchased a new position in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at about $35,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth about $40,000. Finally, Hilltop National Bank purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the second quarter worth about $46,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of NOBL opened at $109.96 on Friday. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year high of $108.79. The company’s 50 day simple moving average is $106.20 and its 200 day simple moving average is $104.21. The company has a market capitalization of $12.47 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87.

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.