B&L Asset Management LLC Takes Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

B&L Asset Management LLC purchased a new position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 2,317 shares of the company’s stock, valued at approximately $247,000.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its stake 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 valued at $26,000 after purchasing 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 purchased a new position in ProShares S&P 500 Aristocrats ETF during the second quarter valued at $27,000. GAMMA Investing LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at $44,000. Finally, Russell Investments Group Ltd. grew its position in shares of ProShares S&P 500 Aristocrats ETF by 98.8% in the 1st quarter. Russell Investments Group Ltd. now owns 515 shares of the company’s stock worth $52,000 after buying an additional 256 shares during the period.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of BATS NOBL opened at $108.47 on Friday. ProShares S&P 500 Aristocrats ETF has a 1 year low of $55.69 and a 1 year high of $67.97. The firm has a 50-day moving average of $106.09 and a 200 day moving average of $102.02. The stock has a market cap of $13.17 billion, a P/E 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.