ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Hits New 52-Week High – Here’s Why

ProShares S&P 500 Aristocrats ETF (BATS:NOBLGet Free Report)’s stock price hit a new 52-week high on Wednesday . The company traded as high as $59.09 and last traded at $59.05, with a volume of 498430 shares traded. The stock had previously closed at $58.14.

ProShares S&P 500 Aristocrats ETF Stock Performance

The business has a fifty day moving average of $56.83 and a 200-day moving average of $55.27. The company has a market capitalization of $6.66 billion, a P/E ratio of 21.15 and a beta of 0.87.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in NOBL. Wells Fargo & Company MN increased its position in shares of ProShares S&P 500 Aristocrats ETF by 9.5% during the fourth quarter. Wells Fargo & Company MN now owns 1,901,775 shares of the company’s stock worth $197,918,000 after acquiring an additional 164,781 shares in the last quarter. Rockland Trust Co. lifted its position in ProShares S&P 500 Aristocrats ETF by 106.0% in the 2nd quarter. Rockland Trust Co. now owns 1,498,301 shares of the company’s stock valued at $84,145,000 after acquiring an additional 770,811 shares in the last quarter. BNP Paribas Financial Markets lifted its position in ProShares S&P 500 Aristocrats ETF by 24.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 400,200 shares of the company’s stock valued at $40,300,000 after acquiring an additional 77,488 shares in the last quarter. Rockefeller Capital Management L.P. lifted its position in ProShares S&P 500 Aristocrats ETF by 4.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 357,659 shares of the company’s stock valued at $37,222,000 after acquiring an additional 14,272 shares in the last quarter. Finally, Carrera Capital Advisors boosted its stake in ProShares S&P 500 Aristocrats ETF by 0.6% during the 4th quarter. Carrera Capital Advisors now owns 333,532 shares of the company’s stock valued at $34,711,000 after purchasing an additional 1,856 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Company Profile

(Get Free Report)

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.

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