ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Reaches New 1-Year High at $104.82

ProShares S&P 500 Aristocrats ETF (BATS:NOBL)’s stock price hit a new 52-week high during mid-day trading on Tuesday . The company traded as high as $104.82 and last traded at $104.32, with a volume of 489176 shares trading hands. The stock had previously closed at $104.81.

ProShares S&P 500 Aristocrats ETF Trading Down 0.5 %

The stock’s fifty day moving average is $99.63 and its two-hundred day moving average is $98.61. The company has a market capitalization of $12.67 billion, a PE ratio of 20.81 and a beta of 0.68.

Hedge Funds Weigh In On ProShares S&P 500 Aristocrats ETF

Institutional investors and hedge funds have recently bought and sold shares of the company. Strategic Financial Concepts LLC grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 5,774.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,788,829 shares of the company’s stock worth $2,504,000 after acquiring an additional 2,741,355 shares during the period. UBS Group AG boosted its position in ProShares S&P 500 Aristocrats ETF by 5.5% during 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 shares of ProShares S&P 500 Aristocrats ETF by 6.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,059,742 shares of the company’s stock worth $196,087,000 after purchasing an additional 126,918 shares in the last quarter. Cresset Asset Management LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 5.1% in the fourth quarter. Cresset Asset Management LLC now owns 1,357,853 shares of the company’s stock worth $129,268,000 after purchasing an additional 66,426 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 2.4% in the second quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,220,869 shares of the company’s stock valued at $117,362,000 after purchasing an additional 29,052 shares during the period.

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.