Sugar Maple Asset Management LLC Buys New Shares in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Sugar Maple Asset Management LLC bought a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 536 shares of the company’s stock, valued at approximately $53,000.

A number of other hedge funds have also added to or reduced their stakes in the business. Ballentine Partners LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $401,000. MassMutual Private Wealth & Trust FSB grew its position in ProShares S&P 500 Aristocrats ETF by 20.9% in the fourth quarter. MassMutual Private Wealth & Trust FSB now owns 3,117 shares of the company’s stock valued at $310,000 after purchasing an additional 538 shares in the last quarter. RoundAngle Advisors LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $4,342,000. Liberty One Investment Management LLC grew its position in ProShares S&P 500 Aristocrats ETF by 2.3% in the fourth quarter. Liberty One Investment Management LLC now owns 24,095 shares of the company’s stock valued at $2,399,000 after purchasing an additional 533 shares in the last quarter. Finally, Meridian Financial LLC grew its position in ProShares S&P 500 Aristocrats ETF by 4.0% in the fourth quarter. Meridian Financial LLC now owns 7,882 shares of the company’s stock valued at $785,000 after purchasing an additional 305 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of NOBL stock opened at $101.10 on Tuesday. The stock has a market cap of $12.28 billion, a P/E ratio of 20.81 and a beta of 0.68. The company has a fifty day moving average price of $103.27 and a two-hundred day moving average price of $103.12. ProShares S&P 500 Aristocrats ETF has a one year low of $55.69 and a one year high of $67.97.

ProShares S&P 500 Aristocrats ETF Announces Dividend

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

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.