ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Reaches New 1-Year High at $99.38

ProShares S&P 500 Aristocrats ETF (BATS:NOBL) shares hit a new 52-week high during trading on Monday . The stock traded as high as $99.38 and last traded at $99.36, with a volume of 526986 shares changing hands. The stock had previously closed at $98.99.

ProShares S&P 500 Aristocrats ETF Trading Up 0.3 %

The stock has a 50-day moving average price of $97.59 and a two-hundred day moving average price of $97.18. The stock has a market cap of $12.06 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

Institutional Investors Weigh In On ProShares S&P 500 Aristocrats ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NOBL. Global Assets Advisory LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 8,840.4% in the 1st quarter. Global Assets Advisory LLC now owns 937,760 shares of the company’s stock valued at $95,098,000 after purchasing an additional 927,271 shares during the last quarter. International Assets Investment Management LLC increased its stake in ProShares S&P 500 Aristocrats ETF by 8,882.5% during the 4th quarter. International Assets Investment Management LLC now owns 805,553 shares of the company’s stock valued at $76,689,000 after purchasing an additional 796,585 shares in the last quarter. Cetera Investment Advisers raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 385.4% in the first quarter. Cetera Investment Advisers now owns 482,921 shares of the company’s stock worth $48,973,000 after buying an additional 383,429 shares during the last quarter. Cerity Partners LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter worth $30,985,000. Finally, Raymond James & Associates grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 48.7% during the second quarter. Raymond James & Associates now owns 898,130 shares of the company’s stock valued at $86,337,000 after buying an additional 294,186 shares during the last quarter.

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.