ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Sets New 52-Week High – Should You Buy?

Posted by Grant Hamersma on Jan 16th, 2025

ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Get Free Report)’s stock price hit a new 52-week high during mid-day trading on Thursday . The stock traded as high as $100.59 and last traded at $100.36, with a volume of 896354 shares changing hands. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Price Performance

The business has a 50-day simple moving average of $103.48 and a two-hundred day simple moving average of $102.99. The stock has a market cap of $12.24 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a $0.5863 dividend. The ex-dividend date was Monday, December 23rd.

Hedge Funds Weigh In On ProShares S&P 500 Aristocrats ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NOBL. Wolff Wiese Magana LLC raised its holdings in ProShares S&P 500 Aristocrats ETF by 147.0% in the 3rd quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after acquiring an additional 147 shares during the period. Daiwa Securities Group Inc. bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the second quarter worth approximately $25,000. GAMMA Investing LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth approximately $44,000. Decker Retirement Planning Inc. bought a new stake in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at $45,000. Finally, TD Private Client Wealth LLC acquired a new position in ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at $65,000.

About ProShares S&P 500 Aristocrats ETF

(Get Free Report)

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.