Verus Capital Partners LLC Raises Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Verus Capital Partners LLC lifted its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.1% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 32,332 shares of the company’s stock after purchasing an additional 1,281 shares during the period. Verus Capital Partners LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,452,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the company. HT Partners LLC increased 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 worth $608,000 after buying an additional 98 shares in the last quarter. Clear Creek Financial Management LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 2.6% in the second quarter. Clear Creek Financial Management LLC now owns 4,389 shares of the company’s stock worth $422,000 after acquiring an additional 110 shares during the period. Chapin Davis Inc. grew its position in shares of ProShares S&P 500 Aristocrats ETF by 1.3% during the third quarter. Chapin Davis Inc. now owns 8,988 shares of the company’s stock worth $960,000 after purchasing an additional 115 shares in the last quarter. BNP Paribas Financial Markets grew its position in shares of ProShares S&P 500 Aristocrats ETF by 1.9% during the first quarter. BNP Paribas Financial Markets now owns 6,266 shares of the company’s stock worth $635,000 after purchasing an additional 116 shares in the last quarter. Finally, Cutter & CO Brokerage Inc. raised its stake in ProShares S&P 500 Aristocrats ETF by 3.0% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 4,208 shares of the company’s stock valued at $404,000 after purchasing an additional 122 shares during the period.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL stock opened at $106.85 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The business has a 50 day simple moving average of $105.54 and a two-hundred day simple moving average of $101.21. The company has a market capitalization of $12.98 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF 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.