ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Reaches New 52-Week High – Still a Buy?

ProShares S&P 500 Aristocrats ETF (BATS:NOBL)’s share price hit a new 52-week high on Tuesday . The stock traded as high as $100.59 and last traded at $100.95, with a volume of 896354 shares trading hands. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Stock Performance

The company has a 50 day moving average of $101.24 and a two-hundred day moving average of $103.60. The stock has a market cap of $12.33 billion, a PE ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a dividend of $0.5863 per share. The ex-dividend date of this dividend was Monday, December 23rd.

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

Several large investors have recently bought and sold shares of NOBL. Creative Planning increased its stake in ProShares S&P 500 Aristocrats ETF by 3.3% during the 3rd quarter. Creative Planning now owns 79,925 shares of the company’s stock worth $8,533,000 after buying an additional 2,575 shares in the last quarter. Blue Trust Inc. increased its stake in ProShares S&P 500 Aristocrats ETF by 14.6% during the 3rd quarter. Blue Trust Inc. now owns 1,571 shares of the company’s stock worth $168,000 after buying an additional 200 shares in the last quarter. Cyndeo Wealth Partners LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth approximately $270,000. Whittier Trust Co. purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth approximately $951,000. Finally, Whittier Trust Co. of Nevada Inc. purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth approximately $417,000.

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.