ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Sets New 12-Month High – Time to Buy?

ProShares S&P 500 Aristocrats ETF (BATS:NOBL) shares hit a new 52-week high during mid-day trading on Wednesday . The stock traded as high as $100.59 and last traded at $101.97, with a volume of 896354 shares changing hands. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Stock Up 2.7 %

The firm has a fifty day moving average of $103.16 and a 200-day moving average of $103.16. The firm has a market cap of $12.38 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The firm also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid 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 institutional investors and hedge funds have recently modified their holdings of the business. Navis Wealth Advisors LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 4.5% during the 4th quarter. Navis Wealth Advisors LLC now owns 18,387 shares of the company’s stock valued at $1,830,000 after acquiring an additional 785 shares during the last quarter. M3 Advisory Group LLC grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 4.1% during the fourth quarter. M3 Advisory Group LLC now owns 5,708 shares of the company’s stock worth $568,000 after purchasing an additional 223 shares during the period. Rockwood Wealth Management LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 25.0% in the fourth quarter. Rockwood Wealth Management LLC now owns 4,625 shares of the company’s stock valued at $459,000 after purchasing an additional 925 shares during the last quarter. Toth Financial Advisory Corp lifted its stake in ProShares S&P 500 Aristocrats ETF by 2.4% in the fourth quarter. Toth Financial Advisory Corp now owns 163,184 shares of the company’s stock valued at $16,245,000 after buying an additional 3,870 shares during the period. Finally, CFS Investment Advisory Services LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF by 5.4% during the fourth quarter. CFS Investment Advisory Services LLC now owns 116,115 shares of the company’s stock worth $11,559,000 after buying an additional 5,897 shares during the last quarter.

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.