Uniting Wealth Partners LLC Increases Stake in ProShares S&P 500 Aristocrats ETF $NOBL

Uniting Wealth Partners LLC lifted its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 43.8% in the 4th quarter, HoldingsChannel.com reports. The firm owned 37,583 shares of the company’s stock after acquiring an additional 11,446 shares during the period. ProShares S&P 500 Aristocrats ETF comprises about 1.2% of Uniting Wealth Partners LLC’s holdings, making the stock its 21st biggest position. Uniting Wealth Partners LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,911,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of NOBL. MCF Advisors LLC acquired a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth approximately $26,000. Qube Research & Technologies Ltd acquired a new position in ProShares S&P 500 Aristocrats ETF in the 2nd quarter worth approximately $29,000. Nemes Rush Group LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 627.5% in the 3rd quarter. Nemes Rush Group LLC now owns 291 shares of the company’s stock worth $30,000 after buying an additional 251 shares during the period. TFC Financial Management Inc. acquired a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth approximately $30,000. Finally, First Command Advisory Services Inc. acquired a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth approximately $45,000.

ProShares S&P 500 Aristocrats ETF Trading Up 0.5%

Shares of BATS:NOBL opened at $55.63 on Friday. ProShares S&P 500 Aristocrats ETF has a twelve month low of $49.41 and a twelve month high of $57.65. The company’s 50 day moving average is $53.83 and its 200 day moving average is $53.98. The company has a market cap of $6.31 billion, a PE ratio of 21.15 and a beta of 0.87.

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.