Wavvest Wealth LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 113,819 shares of the company’s stock, valued at approximately $6,158,000. ProShares S&P 500 Aristocrats ETF makes up approximately 4.8% of Wavvest Wealth LLC’s investment portfolio, making the stock its 3rd biggest holding.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Fifth Third Securities Inc. lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 1.1% during the 3rd quarter. Fifth Third Securities Inc. now owns 57,274 shares of the company’s stock worth $3,099,000 after buying an additional 601 shares during the last quarter. Pinnacle Associates Ltd. lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 12.4% during the 3rd quarter. Pinnacle Associates Ltd. now owns 7,080 shares of the company’s stock worth $383,000 after buying an additional 780 shares during the last quarter. Cypress Capital LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.5% in the 3rd quarter. Cypress Capital LLC now owns 136,898 shares of the company’s stock valued at $7,406,000 after buying an additional 2,042 shares in the last quarter. CWA Asset Management Group LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at $3,745,000. Finally, Grant Private Wealth Management Inc boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 111.1% in the 3rd quarter. Grant Private Wealth Management Inc now owns 9,996 shares of the company’s stock valued at $541,000 after buying an additional 5,260 shares in the last quarter.
ProShares S&P 500 Aristocrats ETF Price Performance
BATS NOBL opened at $57.51 on Thursday. The firm’s fifty day moving average price is $56.61 and its 200 day moving average price is $55.71. The company has a market capitalization of $6.52 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12 month low of $50.12 and a 12 month high of $59.30.
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.
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