ProShares S&P 500 Aristocrats ETF $NOBL Shares Acquired by Cornerstone Advisors Asset Management LLC

Cornerstone Advisors Asset Management LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 100.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 59,750 shares of the company’s stock after acquiring an additional 29,875 shares during the quarter. Cornerstone Advisors Asset Management LLC owned 0.05% of ProShares S&P 500 Aristocrats ETF worth $3,356,000 at the end of the most recent quarter.

A number of other institutional investors also recently added to or reduced their stakes in the business. Grove Bank & Trust boosted its stake in ProShares S&P 500 Aristocrats ETF by 100.0% during the 2nd quarter. Grove Bank & Trust now owns 440 shares of the company’s stock valued at $25,000 after purchasing an additional 220 shares in the last quarter. MCF Advisors LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at $26,000. DiNuzzo Private Wealth Inc. increased its stake in ProShares S&P 500 Aristocrats ETF by 100.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 456 shares of the company’s stock worth $26,000 after purchasing an additional 228 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in ProShares S&P 500 Aristocrats ETF during the second quarter valued at about $29,000. Finally, CX Institutional increased its position in shares of ProShares S&P 500 Aristocrats ETF by 358.6% in the second quarter. CX Institutional now owns 532 shares of the company’s stock worth $30,000 after acquiring an additional 416 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

ProShares S&P 500 Aristocrats ETF stock opened at $57.70 on Friday. ProShares S&P 500 Aristocrats ETF has a 52 week low of $50.12 and a 52 week high of $59.30. The firm has a market capitalization of $6.54 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. The company has a 50 day moving average price of $57.61 and a 200 day moving average price of $55.47.

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.