Red Mountain Financial LLC Grows Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Red Mountain Financial LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 31.6% during the second quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 3,422 shares of the company’s stock after purchasing an additional 822 shares during the quarter. Red Mountain Financial LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $329,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of the business. RB Capital Management LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 4.8% during the first quarter. RB Capital Management LLC now owns 2,470 shares of the company’s stock valued at $252,000 after purchasing an additional 114 shares in the last quarter. Bison Wealth LLC increased its position in ProShares S&P 500 Aristocrats ETF by 1.3% during the fourth quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock valued at $937,000 after acquiring an additional 121 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors increased its position in ProShares S&P 500 Aristocrats ETF by 4.1% during the first quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,130 shares of the company’s stock valued at $316,000 after acquiring an additional 122 shares during the last quarter. Cherry Creek Investment Advisors Inc. increased its position in ProShares S&P 500 Aristocrats ETF by 2.8% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 4,692 shares of the company’s stock valued at $479,000 after acquiring an additional 126 shares during the last quarter. Finally, Red Crane Wealth Management LLC increased its position in ProShares S&P 500 Aristocrats ETF by 2.1% during the first quarter. Red Crane Wealth Management LLC now owns 6,571 shares of the company’s stock valued at $671,000 after acquiring an additional 133 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 4.0%

NOBL stock opened at $103.21 on Friday. ProShares S&P 500 Aristocrats ETF has a twelve month low of $89.76 and a twelve month high of $108.79. The stock has a market capitalization of $11.70 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. The firm’s fifty day simple moving average is $103.68 and its two-hundred day simple moving average is $101.09.

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.