ProShares S&P 500 Aristocrats ETF $NOBL Shares Bought by Concurrent Investment Advisors LLC
by Danessa Lincoln · The Markets DailyConcurrent Investment Advisors LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 279.8% in the second quarter, HoldingsChannel.com reports. The institutional investor owned 67,623 shares of the company’s stock after purchasing an additional 49,817 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,798,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also bought and sold shares of the business. Kingdom Financial Group LLC. acquired a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at $3,930,000. HighTower Advisors LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF by 3.8% in the fourth quarter. HighTower Advisors LLC now owns 146,318 shares of the company’s stock valued at $15,227,000 after purchasing an additional 5,409 shares during the last quarter. Y Intercept Hong Kong Ltd grew its position in ProShares S&P 500 Aristocrats ETF by 168.3% during the 1st quarter. Y Intercept Hong Kong Ltd now owns 15,751 shares of the company’s stock worth $1,670,000 after purchasing an additional 9,880 shares during the period. SouthState Bank Corp grew its position in ProShares S&P 500 Aristocrats ETF by 700.0% during the 1st quarter. SouthState Bank Corp now owns 58,867 shares of the company’s stock worth $6,240,000 after purchasing an additional 51,509 shares during the period. Finally, MLP3 LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth about $2,330,000.
ProShares S&P 500 Aristocrats ETF Stock Performance
BATS NOBL opened at $57.70 on Tuesday. The firm has a market capitalization of $6.54 billion, a P/E ratio of 21.15 and a beta of 0.87. The stock has a 50-day simple moving average of $57.63 and a two-hundred day simple moving average of $55.47. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $50.12 and a fifty-two week high of $59.30.
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.
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