Lansing Street Advisors Increases Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Lansing Street Advisors increased its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 28.0% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 14,293 shares of the company’s stock after purchasing an additional 3,130 shares during the period. Lansing Street Advisors’ holdings in ProShares S&P 500 Aristocrats ETF were worth $1,423,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in NOBL. Farmers & Merchants Investments Inc. bought a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $40,000. Decker Retirement Planning Inc. bought a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $45,000. Sugar Maple Asset Management LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $53,000. TD Private Client Wealth LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the third quarter valued at about $65,000. Finally, Belmont Capital LLC boosted its position in ProShares S&P 500 Aristocrats ETF by 16.3% during the third quarter. Belmont Capital LLC now owns 841 shares of the company’s stock valued at $90,000 after purchasing an additional 118 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of NOBL stock opened at $102.37 on Friday. The company has a market cap of $12.43 billion, a P/E ratio of 20.81 and a beta of 0.68. The stock’s 50-day moving average is $101.02 and its 200 day moving average is $103.64. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.5863 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares S&P 500 Aristocrats ETF 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.