Concord Asset Management LLC VA Increases Stake in ProShares S&P 500 Aristocrats ETF $NOBL

Concord Asset Management LLC VA raised its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.4% during the second quarter, HoldingsChannel reports. The firm owned 38,422 shares of the company’s stock after purchasing an additional 523 shares during the period. Concord Asset Management LLC VA’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,869,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. RB Capital Management LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 4.8% in the 1st quarter. RB Capital Management LLC now owns 2,470 shares of the company’s stock valued at $252,000 after purchasing an additional 114 shares in the last quarter. Bison Wealth LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.3% during the 4th quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock worth $937,000 after acquiring an additional 121 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 4.1% during the 1st quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,130 shares of the company’s stock worth $316,000 after acquiring an additional 122 shares during the period. Cherry Creek Investment Advisors Inc. raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 2.8% during the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 4,692 shares of the company’s stock worth $479,000 after acquiring an additional 126 shares during the period. Finally, Red Crane Wealth Management LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 2.1% during the 1st quarter. Red Crane Wealth Management LLC now owns 6,571 shares of the company’s stock worth $671,000 after acquiring an additional 133 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Up 2.1%

BATS NOBL opened at $101.33 on Monday. ProShares S&P 500 Aristocrats ETF has a 52 week low of $89.76 and a 52 week high of $108.79. The business’s fifty day simple moving average is $103.70 and its 200-day simple moving average is $101.15. The firm has a market cap of $11.49 billion, a PE ratio of 21.15 and a beta of 0.87.

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.