Foundations Investment Advisors LLC Acquires 8,055 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Foundations Investment Advisors LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 59.2% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 21,672 shares of the company’s stock after acquiring an additional 8,055 shares during the quarter. Foundations Investment Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,083,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in the business. Founders Financial Securities LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF by 152.3% during the second quarter. Founders Financial Securities LLC now owns 5,233 shares of the company’s stock valued at $503,000 after purchasing an additional 3,159 shares in the last quarter. Heritage Family Offices LLP acquired a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $318,000. Verus Capital Partners LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 7.6% in the 2nd quarter. Verus Capital Partners LLC now owns 31,051 shares of the company’s stock valued at $2,985,000 after buying an additional 2,186 shares in the last quarter. D.A. Davidson & CO. grew its position in ProShares S&P 500 Aristocrats ETF by 1.7% in the second quarter. D.A. Davidson & CO. now owns 154,841 shares of the company’s stock valued at $14,885,000 after acquiring an additional 2,636 shares during the period. Finally, Essex Financial Services Inc. raised its stake in ProShares S&P 500 Aristocrats ETF by 11.6% during the second quarter. Essex Financial Services Inc. now owns 168,651 shares of the company’s stock worth $16,305,000 after acquiring an additional 17,533 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS:NOBL opened at $104.26 on Thursday. The company’s fifty day moving average is $99.93 and its 200-day moving average is $98.71. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97. The company has a market capitalization of $12.66 billion, a PE 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.