ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Sets New 1-Year High – What’s Next?

ProShares S&P 500 Aristocrats ETF (BATS:NOBL)’s share price hit a new 52-week high during trading on Monday . The stock traded as high as $100.59 and last traded at $102.51, with a volume of 896354 shares changing hands. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Stock Up 3.7 %

The business has a 50 day moving average price of $101.02 and a two-hundred day moving average price of $103.67. The stock has a market cap of $12.50 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.5863 dividend. 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 institutional investors have recently added to or reduced their stakes in the stock. Mountain Hill Investment Partners Corp. bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter worth $26,000. Farmers & Merchants Investments Inc. bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at about $40,000. Decker Retirement Planning Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at about $45,000. Redwood Park Advisors LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth 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 fourth quarter worth about $53,000.

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.