Redwood Park Advisors LLC Acquires New Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Redwood Park Advisors LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 455 shares of the company’s stock, valued at approximately $45,000.

Several other hedge funds and other institutional investors have also recently modified their holdings of NOBL. Sumitomo Mitsui Trust Group Inc. increased its holdings in ProShares S&P 500 Aristocrats ETF by 161.1% in the 4th quarter. Sumitomo Mitsui Trust Group Inc. now owns 188,770 shares of the company’s stock worth $18,792,000 after buying an additional 116,470 shares during the period. Blue Trust Inc. lifted its holdings in ProShares S&P 500 Aristocrats ETF by 21.3% in the 4th quarter. Blue Trust Inc. now owns 1,905 shares of the company’s stock valued at $203,000 after purchasing an additional 334 shares in the last quarter. AdvisorNet Financial Inc lifted its holdings in ProShares S&P 500 Aristocrats ETF by 33.6% in the 4th quarter. AdvisorNet Financial Inc now owns 7,372 shares of the company’s stock valued at $734,000 after purchasing an additional 1,856 shares in the last quarter. TAP Consulting LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 5.3% during the 4th quarter. TAP Consulting LLC now owns 59,391 shares of the company’s stock worth $5,912,000 after acquiring an additional 2,981 shares during the period. Finally, Cassaday & Co Wealth Management LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.0% during the 4th quarter. Cassaday & Co Wealth Management LLC now owns 629,653 shares of the company’s stock worth $62,682,000 after acquiring an additional 6,051 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Down 3.2 %

Shares of BATS:NOBL opened at $96.07 on Thursday. The business has a 50-day moving average price of $100.94 and a 200 day moving average price of $103.02. The company has a market capitalization of $11.08 billion, a price-to-earnings ratio of 22.95 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12-month low of $89.76 and a 12-month high of $108.79.

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.