Eastern Bank Acquires 4,010 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Eastern Bank grew its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.9% in the 3rd quarter, Holdings Channel.com reports. The fund owned 473,415 shares of the company’s stock after acquiring an additional 4,010 shares during the period. ProShares S&P 500 Aristocrats ETF comprises about 0.9% of Eastern Bank’s holdings, making the stock its 27th largest position. Eastern Bank’s holdings in ProShares S&P 500 Aristocrats ETF were worth $50,542,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in NOBL. Strategic Financial Concepts LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 5,774.4% during the second quarter. Strategic Financial Concepts LLC now owns 2,788,829 shares of the company’s stock valued at $2,504,000 after acquiring an additional 2,741,355 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised its position in ProShares S&P 500 Aristocrats ETF by 0.6% during the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,228,667 shares of the company’s stock worth $131,172,000 after acquiring an additional 7,798 shares during the period. Commonwealth Equity Services LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,140,087 shares of the company’s stock worth $109,597,000 after acquiring an additional 16,856 shares during the last quarter. IAM Advisory LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.6% during the 1st quarter. IAM Advisory LLC now owns 987,975 shares of the company’s stock worth $100,191,000 after acquiring an additional 15,946 shares during the period. Finally, Raymond James & Associates lifted its position in ProShares S&P 500 Aristocrats ETF by 48.7% in the second quarter. Raymond James & Associates now owns 898,130 shares of the company’s stock valued at $86,337,000 after buying an additional 294,186 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Down 0.8 %

BATS NOBL traded down $0.86 on Tuesday, hitting $107.10. 412,357 shares of the stock were exchanged. The company has a 50-day moving average price of $104.80 and a 200-day moving average price of $100.41. The company has a market cap of $13.01 billion, a PE ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $55.69 and a fifty-two week high of $67.97.

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.