ProShares S&P 500 Aristocrats ETF $NOBL is Syntax Research Inc.’s 5th Largest Position

Syntax Research Inc. grew its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 200.5% during the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 167,585 shares of the company’s stock after buying an additional 111,824 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for 6.9% of Syntax Research Inc.’s investment portfolio, making the stock its 5th biggest position. Syntax Research Inc. owned 0.15% of ProShares S&P 500 Aristocrats ETF worth $9,412,000 as of its most recent filing with the SEC.

A number of other hedge funds also recently made changes to their positions in the stock. Grove Bank & Trust raised its position in ProShares S&P 500 Aristocrats ETF by 100.0% during the second quarter. Grove Bank & Trust now owns 440 shares of the company’s stock valued at $25,000 after purchasing an additional 220 shares in the last quarter. MCF Advisors LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter worth about $26,000. DiNuzzo Private Wealth Inc. boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 100.0% in the 2nd quarter. DiNuzzo Private Wealth Inc. now owns 456 shares of the company’s stock worth $26,000 after purchasing an additional 228 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in ProShares S&P 500 Aristocrats ETF in the second quarter worth approximately $29,000. Finally, CX Institutional boosted its stake in ProShares S&P 500 Aristocrats ETF by 358.6% in the second quarter. CX Institutional now owns 532 shares of the company’s stock worth $30,000 after buying an additional 416 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of BATS NOBL opened at $58.06 on Friday. The stock has a market capitalization of $6.58 billion, a P/E ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a one year low of $50.12 and a one year high of $59.30. The firm’s 50 day simple moving average is $57.58 and its two-hundred day simple moving average is $55.46.

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.