Concurrent Investment Advisors LLC Increases Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Concurrent Investment Advisors LLC lifted its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 50.6% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,226 shares of the company’s stock after purchasing an additional 7,134 shares during the quarter. Concurrent Investment Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,137,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of NOBL. National Bank of Canada FI grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 180.4% in the first quarter. National Bank of Canada FI now owns 384,393 shares of the company’s stock valued at $39,276,000 after purchasing an additional 247,297 shares during the period. BNP Paribas Financial Markets grew 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 purchasing an additional 223,012 shares during the period. McElhenny Sheffield Capital Management LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 4,995.2% in the second quarter. McElhenny Sheffield Capital Management LLC now owns 115,865 shares of the company’s stock valued at $11,668,000 after purchasing an additional 113,591 shares during the period. American Alpha Advisors LLC purchased 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 grew 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 purchasing an additional 79,340 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Up 3.3%

Shares of NOBL opened at $102.53 on Wednesday. ProShares S&P 500 Aristocrats ETF has a 12-month low of $89.76 and a 12-month high of $108.79. The firm has a 50-day moving average price of $103.69 and a 200 day moving average price of $101.16. The firm has a market capitalization of $11.63 billion, a P/E ratio of 21.15 and a beta of 0.87.

About ProShares S&P 500 Aristocrats ETF

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.