ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Reaches New 52-Week High – Should You Buy?

ProShares S&P 500 Aristocrats ETF (BATS:NOBLGet Free Report)’s share price hit a new 52-week high during mid-day trading on Tuesday . The stock traded as high as $100.59 and last traded at $100.95, with a volume of 896354 shares. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Trading Up 3.2 %

The stock has a 50-day simple moving average of $101.11 and a 200 day simple moving average of $103.59. The stock has a market capitalization of $12.45 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.5863 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Institutional Investors Weigh In On ProShares S&P 500 Aristocrats ETF

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in NOBL. Mountain Hill Investment Partners Corp. acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter worth $26,000. Farmers & Merchants Investments Inc. acquired a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth about $40,000. Decker Retirement Planning Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter worth about $45,000. Redwood Park Advisors LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at about $45,000. Finally, Sugar Maple Asset Management LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at approximately $53,000.

ProShares S&P 500 Aristocrats ETF Company Profile

(Get Free Report)

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.

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