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

ProShares S&P 500 Aristocrats ETF (BATS:NOBL) reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $100.59 and last traded at $102.51, with a volume of 896354 shares trading hands. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Trading Up 4.3 %

The firm has a market cap of $11.90 billion, a price-to-earnings ratio of 23.15 and a beta of 0.92. The firm’s 50-day moving average is $101.01 and its 200-day moving average is $103.72.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

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

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

Institutional investors and hedge funds have recently made changes to their positions in the business. Arkadios Wealth Advisors increased its holdings in ProShares S&P 500 Aristocrats ETF by 4.6% during the 3rd quarter. Arkadios Wealth Advisors now owns 6,087 shares of the company’s stock worth $650,000 after purchasing an additional 268 shares in the last quarter. Wells Trecaso Financial Group LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 3.7% during the third quarter. Wells Trecaso Financial Group LLC now owns 13,778 shares of the company’s stock valued at $1,471,000 after buying an additional 494 shares during the last quarter. Integrated Advisors Network LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 297.3% during the third quarter. Integrated Advisors Network LLC now owns 90,578 shares of the company’s stock worth $9,670,000 after buying an additional 67,779 shares in the last quarter. Diversify Advisory Services LLC raised its position in ProShares S&P 500 Aristocrats ETF by 83.1% in the 3rd quarter. Diversify Advisory Services LLC now owns 6,630 shares of the company’s stock valued at $704,000 after buying an additional 3,010 shares during the last quarter. Finally, Pathway Financial Advisers LLC raised its position in ProShares S&P 500 Aristocrats ETF by 3.0% in the 3rd quarter. Pathway Financial Advisers LLC now owns 11,096 shares of the company’s stock valued at $1,185,000 after buying an additional 320 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.