Waverly Advisors LLC Has $18.37 Million Stock Position in ProShares S&P 500 Aristocrats ETF $NOBL

Waverly Advisors LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 97.4% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 327,137 shares of the company’s stock after buying an additional 161,441 shares during the period. Waverly Advisors LLC owned about 0.29% of ProShares S&P 500 Aristocrats ETF worth $18,372,000 at the end of the most recent reporting period.

Other hedge funds also recently bought and sold shares of the company. Paragon Capital Management Ltd raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 49.3% during the second quarter. Paragon Capital Management Ltd now owns 31,061 shares of the company’s stock valued at $1,744,000 after acquiring an additional 10,256 shares during the period. Parkside Financial Bank & Trust raised its stake in ProShares S&P 500 Aristocrats ETF by 100.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 1,218 shares of the company’s stock valued at $68,000 after purchasing an additional 609 shares during the period. NWM Advisors LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 100.0% during the 2nd quarter. NWM Advisors LLC now owns 4,344 shares of the company’s stock valued at $244,000 after purchasing an additional 2,172 shares during the period. Corient Private Wealth LP lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 105.2% in the second quarter. Corient Private Wealth LP now owns 114,118 shares of the company’s stock valued at $6,409,000 after purchasing an additional 58,497 shares in the last quarter. Finally, Hyundai Investments Co. Ltd. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 288.0% in the second quarter. Hyundai Investments Co. Ltd. now owns 10,095 shares of the company’s stock worth $569,000 after buying an additional 7,493 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Down 1.2%

Shares of NOBL stock opened at $56.99 on Wednesday. The company has a market capitalization of $6.46 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1-year low of $50.12 and a 1-year high of $59.30. The stock’s fifty day simple moving average is $57.65 and its 200-day simple moving average is $55.47.

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.