Marble Wealth LLC Makes New Investment in ProShares S&P 500 Aristocrats ETF $NOBL

Marble Wealth LLC acquired a new position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 72,747 shares of the company’s stock, valued at approximately $7,571,000. ProShares S&P 500 Aristocrats ETF accounts for approximately 1.1% of Marble Wealth LLC’s investment portfolio, making the stock its 22nd biggest holding. Marble Wealth LLC owned about 0.06% of ProShares S&P 500 Aristocrats ETF at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of NOBL. Qube Research & Technologies Ltd purchased a new stake in ProShares S&P 500 Aristocrats ETF in the second quarter worth about $29,000. Nemes Rush Group LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 627.5% in the third quarter. Nemes Rush Group LLC now owns 291 shares of the company’s stock worth $30,000 after purchasing an additional 251 shares during the period. TFC Financial Management Inc. purchased a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter worth about $30,000. Aventura Private Wealth LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter worth about $46,000. Finally, Kelleher Financial Advisors purchased a new stake in ProShares S&P 500 Aristocrats ETF in the third quarter worth about $49,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of NOBL opened at $53.69 on Wednesday. The stock has a market cap of $6.09 billion, a PE ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $49.41 and a fifty-two week high of $57.65. The firm’s 50-day simple moving average is $53.47 and its two-hundred day simple moving average is $53.79.

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.