Syntax Research Inc. Has $5.52 Million Stock Position in ProShares S&P 500 Aristocrats ETF $NOBL

Syntax Research Inc. raised its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 9.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 54,809 shares of the company’s stock after purchasing an additional 4,727 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for approximately 3.9% of Syntax Research Inc.’s investment portfolio, making the stock its 6th largest holding. Syntax Research Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $5,519,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in NOBL. National Bank of Canada FI lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 180.4% during the first quarter. National Bank of Canada FI now owns 384,393 shares of the company’s stock worth $39,276,000 after purchasing an additional 247,297 shares during the last quarter. BNP Paribas Financial Markets raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 223.7% in the first quarter. BNP Paribas Financial Markets now owns 322,712 shares of the company’s stock valued at $32,975,000 after acquiring an additional 223,012 shares in the last quarter. GAMMA Investing LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 29,815.4% in the first quarter. GAMMA Investing LLC now owns 124,149 shares of the company’s stock valued at $12,686,000 after acquiring an additional 123,734 shares in the last quarter. American Alpha Advisors LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the first quarter valued at about $9,370,000. Finally, Cresset Asset Management LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 4.8% in the first quarter. Cresset Asset Management LLC now owns 1,724,055 shares of the company’s stock valued at $176,962,000 after acquiring an additional 79,340 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL stock opened at $103.21 on Friday. The business has a 50-day moving average price of $103.68 and a 200 day moving average price of $101.09. The company has a market capitalization of $11.70 billion, a P/E ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1-year low of $89.76 and a 1-year high of $108.79.

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.