Cypress Capital LLC Purchases 1,110 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

Cypress Capital LLC increased its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.7% in the 2nd quarter, HoldingsChannel.com reports. The institutional investor owned 68,125 shares of the company’s stock after acquiring an additional 1,110 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for 2.0% of Cypress Capital LLC’s holdings, making the stock its 12th largest position. Cypress Capital LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $6,860,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in NOBL. Carrera Capital Advisors bought a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth approximately $29,385,000. National Bank of Canada FI raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 180.4% during the first quarter. National Bank of Canada FI now owns 384,393 shares of the company’s stock valued at $39,276,000 after acquiring an additional 247,297 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 223.7% during the first quarter. BNP Paribas Financial Markets now owns 322,712 shares of the company’s stock worth $32,975,000 after purchasing an additional 223,012 shares during the period. McElhenny Sheffield Capital Management LLC raised its position in ProShares S&P 500 Aristocrats ETF by 4,995.2% during the 2nd quarter. McElhenny Sheffield Capital Management LLC now owns 115,865 shares of the company’s stock worth $11,668,000 after purchasing an additional 113,591 shares during the last quarter. Finally, American Alpha Advisors LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the 1st quarter worth about $9,370,000.

ProShares S&P 500 Aristocrats ETF Trading Up 2.7%

Shares of NOBL stock opened at $101.95 on Monday. ProShares S&P 500 Aristocrats ETF has a 1-year low of $89.76 and a 1-year high of $108.79. The stock has a market cap of $11.56 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. The stock has a 50-day moving average of $102.88 and a 200-day moving average of $101.92.

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.