Commonwealth Equity Services LLC Raises Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Commonwealth Equity Services LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.5% in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,140,087 shares of the company’s stock after buying an additional 16,856 shares during the quarter. Commonwealth Equity Services LLC owned about 0.94% of ProShares S&P 500 Aristocrats ETF worth $109,597,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. UBS Group AG increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 5.5% in the fourth quarter. UBS Group AG now owns 2,140,003 shares of the company’s stock worth $203,728,000 after purchasing an additional 111,042 shares during the period. Wells Fargo & Company MN increased its stake in ProShares S&P 500 Aristocrats ETF by 6.6% in the 4th quarter. Wells Fargo & Company MN now owns 2,059,742 shares of the company’s stock worth $196,087,000 after acquiring an additional 126,918 shares during the last quarter. Cresset Asset Management LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 5.1% in the 4th quarter. Cresset Asset Management LLC now owns 1,357,853 shares of the company’s stock valued at $129,268,000 after acquiring an additional 66,426 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 2.4% during the 2nd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,220,869 shares of the company’s stock valued at $117,362,000 after acquiring an additional 29,052 shares during the last quarter. Finally, IAM Advisory LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.6% during the first quarter. IAM Advisory LLC now owns 987,975 shares of the company’s stock worth $100,191,000 after purchasing an additional 15,946 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

BATS NOBL opened at $104.81 on Friday. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97. The company has a fifty day moving average of $99.50 and a 200-day moving average of $98.49. The company has a market capitalization of $12.73 billion, a P/E ratio of 20.81 and a beta of 0.68.

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.