Synovus Financial Corp Has $7.45 Million Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Synovus Financial Corp raised its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 102.8% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 69,800 shares of the company’s stock after purchasing an additional 35,376 shares during the period. Synovus Financial Corp owned approximately 0.06% of ProShares S&P 500 Aristocrats ETF worth $7,452,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. Wolff Wiese Magana LLC lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 147.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock worth $26,000 after acquiring an additional 147 shares during the period. Daiwa Securities Group Inc. bought a new position in ProShares S&P 500 Aristocrats ETF in the second quarter worth $25,000. American National Bank acquired a new stake in ProShares S&P 500 Aristocrats ETF during the second quarter worth $27,000. GAMMA Investing LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at $44,000. Finally, TD Private Client Wealth LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at $65,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

BATS:NOBL opened at $104.40 on Friday. The company has a 50-day moving average of $106.08 and a 200-day moving average of $102.48. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97. The company has a market capitalization of $12.68 billion, a price-to-earnings 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.