Navis Wealth Advisors LLC Has $1.83 Million Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Navis Wealth Advisors LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.5% in the fourth quarter, Holdings Channel reports. The institutional investor owned 18,387 shares of the company’s stock after purchasing an additional 785 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for approximately 2.0% of Navis Wealth Advisors LLC’s portfolio, making the stock its 8th biggest position. Navis Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,830,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC increased its position in ProShares S&P 500 Aristocrats ETF by 147.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after buying an additional 147 shares in the last quarter. GAMMA Investing LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at approximately $44,000. Decker Retirement Planning Inc. bought a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at approximately $45,000. Sugar Maple Asset Management LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at approximately $53,000. Finally, TD Private Client Wealth LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at $65,000.

ProShares S&P 500 Aristocrats ETF Trading Up 2.6 %

Shares of NOBL opened at $101.83 on Friday. The business’s fifty day simple moving average is $102.83 and its two-hundred day simple moving average is $103.23. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The company has a market cap of $12.37 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid 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.