173,400 Shares in ProShares S&P 500 Aristocrats ETF $NOBL Acquired by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. acquired a new position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the 3rd quarter, Holdings Channel reports. The firm acquired 173,400 shares of the company’s stock, valued at approximately $9,381,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Cliftonlarsonallen Wealth Advisors LLC raised its position in ProShares S&P 500 Aristocrats ETF by 0.3% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,696,373 shares of the company’s stock valued at $145,874,000 after purchasing an additional 8,769 shares during the period. Rockland Trust Co. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.0% during the 3rd quarter. Rockland Trust Co. now owns 1,513,402 shares of the company’s stock worth $81,875,000 after purchasing an additional 15,101 shares during the period. Baird Financial Group Inc. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 100.9% during the 2nd quarter. Baird Financial Group Inc. now owns 725,687 shares of the company’s stock worth $40,755,000 after purchasing an additional 364,452 shares during the period. Envestnet Asset Management Inc. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 100.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 456,871 shares of the company’s stock worth $25,658,000 after purchasing an additional 228,526 shares during the period. Finally, Tidal Investments LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth $22,128,000.

ProShares S&P 500 Aristocrats ETF Trading Up 3.1%

Shares of BATS:NOBL opened at $61.29 on Thursday. The business has a 50-day moving average price of $56.73 and a 200 day moving average price of $55.70. The company has a market capitalization of $6.95 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12-month low of $50.35 and a 12-month high of $61.37.

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.