Marble Wealth LLC Invests $7.57 Million in ProShares S&P 500 Aristocrats ETF $NOBL

Marble Wealth LLC bought a new position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor bought 72,747 shares of the company’s stock, valued at approximately $7,571,000. ProShares S&P 500 Aristocrats ETF makes up about 1.1% of Marble Wealth LLC’s holdings, making the stock its 22nd largest position.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the company. Cliftonlarsonallen Wealth Advisors LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.7% in the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,316,853 shares of the company’s stock worth $137,045,000 after buying an additional 8,930 shares in the last quarter. Capitolis Liquid Global Markets LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter worth approximately $103,070,000. Rockland Trust Co. lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 5.1% in the fourth quarter. Rockland Trust Co. now owns 702,651 shares of the company’s stock worth $73,125,000 after buying an additional 34,022 shares in the last quarter. BNP Paribas Financial Markets lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 24.0% in the second quarter. BNP Paribas Financial Markets now owns 400,200 shares of the company’s stock worth $40,300,000 after buying an additional 77,488 shares in the last quarter. Finally, Carrera Capital Advisors lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.6% in the fourth quarter. Carrera Capital Advisors now owns 333,532 shares of the company’s stock worth $34,711,000 after buying an additional 1,856 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS NOBL opened at $53.69 on Wednesday. The firm’s 50 day moving average price is $53.47 and its 200-day moving average price is $53.79. The company has a market cap of $6.09 billion, a PE ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 52-week low of $49.41 and a 52-week high of $57.65.

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.