Gunma Bank Ltd. Has $3.09 Million Stock Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Gunma Bank Ltd. cut its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 55.7% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 31,000 shares of the company’s stock after selling 39,000 shares during the period. Gunma Bank Ltd.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,086,000 at the end of the most recent quarter.

Other hedge funds have also added to or reduced their stakes in the company. GAMMA Investing LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at $44,000. Concourse Financial Group Securities Inc. grew its position in shares of ProShares S&P 500 Aristocrats ETF by 15.3% in the 3rd quarter. Concourse Financial Group Securities Inc. now owns 4,043 shares of the company’s stock valued at $434,000 after acquiring an additional 536 shares during the period. ORG Wealth Partners LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth about $783,000. Sapient Capital LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth about $294,000. Finally, Wesbanco Bank Inc. bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at about $203,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

ProShares S&P 500 Aristocrats ETF stock opened at $101.07 on Monday. The stock has a 50-day simple moving average of $101.88 and a 200 day simple moving average of $103.52. The stock has a market capitalization of $12.28 billion, a P/E ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.5863 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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.