Chapin Davis Inc. Boosts Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Chapin Davis Inc. raised its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 104.1% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 20,827 shares of the company’s stock after purchasing an additional 10,621 shares during the quarter. Chapin Davis Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,170,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in NOBL. Wells Fargo & Company MN raised its position in shares of ProShares S&P 500 Aristocrats ETF by 9.5% in the 4th quarter. Wells Fargo & Company MN now owns 1,901,775 shares of the company’s stock worth $197,918,000 after buying an additional 164,781 shares during the period. Fifth Third Bancorp boosted its holdings in ProShares S&P 500 Aristocrats ETF by 9,866.7% in the first quarter. Fifth Third Bancorp now owns 107,042 shares of the company’s stock valued at $11,348,000 after acquiring an additional 105,968 shares during the last quarter. Mercer Global Advisors Inc. ADV boosted its holdings in ProShares S&P 500 Aristocrats ETF by 749.2% in the third quarter. Mercer Global Advisors Inc. ADV now owns 119,502 shares of the company’s stock valued at $12,317,000 after acquiring an additional 105,429 shares during the last quarter. Cordoba Advisory Partners LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $10,767,000. Finally, Carroll Advisory Group LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $10,369,000.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of BATS:NOBL opened at $58.31 on Thursday. The business has a 50-day moving average of $56.06 and a two-hundred day moving average of $55.04. The firm has a market capitalization of $6.61 billion, a PE ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12 month low of $50.12 and a 12 month high of $58.95.

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.