Wealth Group Ltd Has $2.89 Million Position in ProShares S&P 500 Aristocrats ETF $NOBL

Wealth Group Ltd raised its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 93.5% in the 2nd quarter, Holdings Channel.com reports. The firm owned 51,386 shares of the company’s stock after buying an additional 24,835 shares during the period. ProShares S&P 500 Aristocrats ETF makes up 0.6% of Wealth Group Ltd’s portfolio, making the stock its 23rd biggest holding. Wealth Group Ltd’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,886,000 at the end of the most recent reporting period.

Other hedge funds have also recently made changes to their positions in the company. MCF Advisors LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter worth about $26,000. Qube Research & Technologies Ltd acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at approximately $29,000. TFC Financial Management Inc. bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at approximately $30,000. Garton & Associates Financial Advisors LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at approximately $34,000. Finally, Turim 21 Investimentos Ltda. acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth approximately $42,000.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL opened at $58.34 on Tuesday. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $50.12 and a fifty-two week high of $58.95. The firm has a market capitalization of $6.62 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. The company’s 50 day moving average price is $56.34 and its two-hundred day moving average price is $55.12.

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.