ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Sets New 1-Year High – Time to Buy?

ProShares S&P 500 Aristocrats ETF (BATS:NOBL)’s share price reached a new 52-week high during trading on Monday . The company traded as high as $100.59 and last traded at $101.28, with a volume of 896354 shares traded. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Trading Up 2.9 %

The firm has a 50-day moving average of $101.75 and a two-hundred day moving average of $103.57. The firm has a market capitalization of $12.41 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were issued a $0.5863 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On ProShares S&P 500 Aristocrats ETF

A number of hedge funds have recently made changes to their positions in NOBL. HT Partners LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 1.8% in the 3rd quarter. HT Partners LLC now owns 5,698 shares of the company’s stock valued at $608,000 after purchasing an additional 98 shares during the last quarter. Wagner Wealth Management LLC increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.0% during the fourth quarter. Wagner Wealth Management LLC now owns 10,595 shares of the company’s stock worth $1,055,000 after buying an additional 100 shares in the last quarter. Jackson Grant Investment Advisers Inc. lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.4% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 24,918 shares of the company’s stock valued at $2,481,000 after acquiring an additional 105 shares during the last quarter. Pure Portfolios Holdings LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 0.4% during the 4th quarter. Pure Portfolios Holdings LLC now owns 26,247 shares of the company’s stock valued at $2,613,000 after acquiring an additional 108 shares in the last quarter. Finally, Sax Wealth Advisors LLC grew its position in ProShares S&P 500 Aristocrats ETF by 5.0% during the 4th quarter. Sax Wealth Advisors LLC now owns 2,415 shares of the company’s stock worth $240,000 after acquiring an additional 116 shares during the last quarter.

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.