Pineridge Advisors LLC Invests $36,000 in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Pineridge Advisors LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 377 shares of the company’s stock, valued at approximately $36,000.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. EP Wealth Advisors LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 1,395.3% during the 4th quarter. EP Wealth Advisors LLC now owns 26,108 shares of the company’s stock valued at $2,485,000 after acquiring an additional 24,362 shares during the last quarter. Integrated Advisors Network LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 1.1% during the fourth quarter. Integrated Advisors Network LLC now owns 23,521 shares of the company’s stock valued at $2,239,000 after purchasing an additional 255 shares during the last quarter. Novak & Powell Financial Services Inc. purchased a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth approximately $204,000. Aspect Partners LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter worth $1,038,000. Finally, Brevan Howard Capital Management LP purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $2,414,000.

ProShares S&P 500 Aristocrats ETF Stock Down 0.7 %

Shares of BATS NOBL traded down $0.64 during mid-day trading on Friday, reaching $96.37. 407,797 shares of the company were exchanged. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97. The company’s 50 day moving average price is $97.85 and its 200 day moving average price is $96.54. The stock has a market capitalization of $11.70 billion, a PE ratio of 20.81 and a beta of 0.68.

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.