LMG Wealth Partners LLC Grows Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

LMG Wealth Partners LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 7.8% during the fourth quarter, HoldingsChannel reports. The firm owned 78,849 shares of the company’s stock after purchasing an additional 5,735 shares during the period. ProShares S&P 500 Aristocrats ETF makes up approximately 1.5% of LMG Wealth Partners LLC’s holdings, making the stock its 17th biggest holding. LMG Wealth Partners LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $8,206,000 as of its most recent SEC filing.

Other large investors have also added to or reduced their stakes in the company. Qube Research & Technologies Ltd purchased a new stake in ProShares S&P 500 Aristocrats ETF during the second quarter valued at about $29,000. Nemes Rush Group LLC raised its position in ProShares S&P 500 Aristocrats ETF by 627.5% during the third quarter. Nemes Rush Group LLC now owns 291 shares of the company’s stock valued at $30,000 after purchasing an additional 251 shares in the last quarter. TFC Financial Management Inc. purchased a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $30,000. Grey Fox Wealth Advisors LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the third quarter valued at about $40,000. Finally, Aventura Private Wealth LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $46,000.

ProShares S&P 500 Aristocrats ETF Trading Down 0.7%

Shares of BATS:NOBL opened at $107.67 on Friday. The stock’s 50-day moving average price is $108.40 and its 200-day moving average price is $106.81. ProShares S&P 500 Aristocrats ETF has a 12-month low of $97.35 and a 12-month high of $115.31. The stock has a market capitalization of $12.21 billion, a P/E ratio of 21.15 and a beta of 0.87.

ProShares S&P 500 Aristocrats ETF Company 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.