MLP3 LLC Buys New Position in ProShares S&P 500 Aristocrats ETF $NOBL

MLP3 LLC bought a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBLFree Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 22,394 shares of the company’s stock, valued at approximately $2,330,000. ProShares S&P 500 Aristocrats ETF makes up about 2.5% of MLP3 LLC’s holdings, making the stock its 10th largest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NOBL. Capitolis Liquid Global Markets LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at about $103,070,000. Wells Fargo & Company MN grew its position in ProShares S&P 500 Aristocrats ETF by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,901,775 shares of the company’s stock valued at $197,918,000 after buying an additional 164,781 shares in the last quarter. Mercer Global Advisors Inc. ADV grew its position in ProShares S&P 500 Aristocrats ETF by 749.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 119,502 shares of the company’s stock valued at $12,317,000 after buying an additional 105,429 shares in the last quarter. Cordoba Advisory Partners LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at about $10,767,000. Finally, Carroll Advisory Group LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at about $10,369,000.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of NOBL opened at $55.63 on Monday. ProShares S&P 500 Aristocrats ETF has a 52-week low of $49.41 and a 52-week high of $57.65. The firm has a 50-day moving average price of $53.83 and a 200 day moving average price of $53.99. The firm has a market capitalization of $6.31 billion, a PE ratio of 21.15 and a beta of 0.87.

About ProShares S&P 500 Aristocrats ETF

(Free Report)

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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Institutional Ownership by Quarter for ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

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