Summit Financial LLC Takes Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Summit Financial LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 8,158 shares of the company’s stock, valued at approximately $812,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Sumitomo Mitsui Trust Group Inc. lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 161.1% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 188,770 shares of the company’s stock worth $18,792,000 after purchasing an additional 116,470 shares in the last quarter. Blue Trust Inc. increased its stake in ProShares S&P 500 Aristocrats ETF by 21.3% during the 4th quarter. Blue Trust Inc. now owns 1,905 shares of the company’s stock worth $203,000 after buying an additional 334 shares during the period. Glenmede Trust Co. NA acquired a new position in ProShares S&P 500 Aristocrats ETF in the 3rd quarter worth $217,000. AdvisorNet Financial Inc boosted its position in ProShares S&P 500 Aristocrats ETF by 33.6% in the 4th quarter. AdvisorNet Financial Inc now owns 7,372 shares of the company’s stock valued at $734,000 after buying an additional 1,856 shares during the last quarter. Finally, Continuum Advisory LLC grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 11.0% during the third quarter. Continuum Advisory LLC now owns 24,594 shares of the company’s stock valued at $2,596,000 after acquiring an additional 2,435 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

BATS:NOBL opened at $102.18 on Thursday. The stock has a market cap of $11.78 billion, a price-to-earnings ratio of 22.95 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a one year low of $94.83 and a one year high of $108.79. The business’s 50-day simple moving average is $102.08 and its 200 day simple moving average is $103.53.

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.