ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Sets New 12-Month High – Here’s What Happened

ProShares S&P 500 Aristocrats ETF (BATS:NOBL) hit a new 52-week high during trading on Monday . The stock traded as high as $107.09 and last traded at $107.94, with a volume of 867108 shares trading hands. The stock had previously closed at $106.96.

ProShares S&P 500 Aristocrats ETF Price Performance

The firm has a market cap of $13.13 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The stock’s fifty day moving average price is $105.99 and its 200-day moving average price is $101.90.

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

Institutional investors have recently modified their holdings of the stock. Concourse Financial Group Securities Inc. lifted its holdings in ProShares S&P 500 Aristocrats ETF by 741.0% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 3,507 shares of the company’s stock worth $339,000 after purchasing an additional 3,090 shares during the last quarter. GAMMA Investing LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the third quarter worth $44,000. Fifth Third Securities Inc. raised its holdings in ProShares S&P 500 Aristocrats ETF by 3.3% in the 2nd quarter. Fifth Third Securities Inc. now owns 23,889 shares of the company’s stock worth $2,310,000 after acquiring an additional 758 shares during the period. &PARTNERS boosted its holdings in ProShares S&P 500 Aristocrats ETF by 113.1% during the second quarter. &PARTNERS now owns 5,460 shares of the company’s stock valued at $525,000 after acquiring an additional 2,898 shares during the period. Finally, Lowe Wealth Advisors LLC grew its position in shares of ProShares S&P 500 Aristocrats ETF by 2.0% in the third quarter. Lowe Wealth Advisors LLC now owns 23,673 shares of the company’s stock valued at $2,527,000 after purchasing an additional 465 shares during the last quarter.

About ProShares S&P 500 Aristocrats ETF

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.