ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Sets New 1-Year High – What’s Next?

ProShares S&P 500 Aristocrats ETF (BATS:NOBL)’s share price reached a new 52-week high on Monday . The stock traded as high as $108.04 and last traded at $107.09, with a volume of 411617 shares traded. The stock had previously closed at $107.96.

ProShares S&P 500 Aristocrats ETF Price Performance

The firm has a market cap of $12.85 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The stock’s fifty day moving average price is $105.03 and its 200-day moving average price is $100.50.

Institutional Trading of ProShares S&P 500 Aristocrats ETF

Several large investors have recently added to or reduced their stakes in the company. HT Partners LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.8% during the third quarter. HT Partners LLC now owns 5,698 shares of the company’s stock valued at $608,000 after buying an additional 98 shares in the last quarter. Clear Creek Financial Management LLC increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 2.6% in the 2nd quarter. Clear Creek Financial Management LLC now owns 4,389 shares of the company’s stock valued at $422,000 after purchasing an additional 110 shares during the period. Chapin Davis Inc. increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.3% in the 3rd quarter. Chapin Davis Inc. now owns 8,988 shares of the company’s stock valued at $960,000 after purchasing an additional 115 shares during the period. BNP Paribas Financial Markets lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 1.9% in the first quarter. BNP Paribas Financial Markets now owns 6,266 shares of the company’s stock worth $635,000 after purchasing an additional 116 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 3.0% during the second quarter. Cutter & CO Brokerage Inc. now owns 4,208 shares of the company’s stock worth $404,000 after purchasing an additional 122 shares during the period.

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.