Paragon Capital Management Ltd grew its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 49.3% in the 2nd quarter, HoldingsChannel reports. The institutional investor owned 31,061 shares of the company’s stock after purchasing an additional 10,256 shares during the period. Paragon Capital Management Ltd’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,744,000 as of its most recent SEC filing.
Other hedge funds have also recently modified their holdings of the company. MCF Advisors LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth $26,000. Qube Research & Technologies Ltd purchased a new stake in ProShares S&P 500 Aristocrats ETF in the second quarter valued at $29,000. Garton & Associates Financial Advisors LLC acquired a new position in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $34,000. Turim 21 Investimentos Ltda. acquired a new position in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $42,000. Finally, First Command Advisory Services Inc. acquired a new position in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $45,000.
ProShares S&P 500 Aristocrats ETF Stock Performance
Shares of NOBL stock traded down $0.71 during mid-day trading on Tuesday, hitting $56.99. 987,841 shares of the stock were exchanged, compared to its average volume of 1,311,321. The stock’s fifty day simple moving average is $57.65 and its two-hundred day simple moving average is $55.47. ProShares S&P 500 Aristocrats ETF has a 12-month low of $50.12 and a 12-month high of $59.30. The stock has a market capitalization of $6.46 billion, a price-to-earnings 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.
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Want to see what other hedge funds are holding NOBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report).
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