MBA Advisors LLC grew its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 139.6% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 28,114 shares of the company’s stock after purchasing an additional 16,382 shares during the period. MBA Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,579,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also recently added to or reduced their stakes in the company. Grove Bank & Trust grew its position in ProShares S&P 500 Aristocrats ETF by 100.0% during the second quarter. Grove Bank & Trust now owns 440 shares of the company’s stock valued at $25,000 after buying an additional 220 shares during the period. MCF Advisors LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter worth about $26,000. DiNuzzo Private Wealth Inc. raised its position in shares of ProShares S&P 500 Aristocrats ETF by 100.0% in the second quarter. DiNuzzo Private Wealth Inc. now owns 456 shares of the company’s stock worth $26,000 after acquiring an additional 228 shares during the period. Qube Research & Technologies Ltd purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $29,000. Finally, CX Institutional boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 358.6% during the 2nd 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 Trading Up 0.4%
Shares of NOBL opened at $57.88 on Thursday. The stock’s 50 day moving average is $57.53 and its two-hundred day moving average is $55.45. ProShares S&P 500 Aristocrats ETF has a 12 month low of $50.12 and a 12 month high of $59.30. The firm has a market cap of $6.56 billion, a P/E ratio of 21.15 and a beta of 0.87.
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.
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Want to see what other hedge funds are holding NOBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report).
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