ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Sets New 52-Week High – What’s Next?

ProShares S&P 500 Aristocrats ETF (BATS:NOBL) shares hit a new 52-week high during trading on Monday . The stock traded as high as $100.59 and last traded at $101.28, with a volume of 896354 shares traded. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Price Performance

The company has a market capitalization of $12.41 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The business’s 50-day moving average price is $101.75 and its two-hundred day moving average price is $103.57.

ProShares S&P 500 Aristocrats ETF Announces Dividend

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

Institutional Trading of ProShares S&P 500 Aristocrats ETF

Institutional investors have recently modified their holdings of the stock. Grantvest Financial Group LLC acquired a new position in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at about $235,000. Lynx Investment Advisory increased its holdings in ProShares S&P 500 Aristocrats ETF by 27.0% in the 4th quarter. Lynx Investment Advisory now owns 53,219 shares of the company’s stock valued at $5,298,000 after buying an additional 11,306 shares during the period. Mountain Hill Investment Partners Corp. acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at approximately $26,000. LPL Financial LLC lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 2.1% during the 4th quarter. LPL Financial LLC now owns 3,202,566 shares of the company’s stock worth $318,815,000 after acquiring an additional 67,046 shares during the period. Finally, Banco de Sabadell S.A lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 2.5% during the 4th quarter. Banco de Sabadell S.A now owns 24,671 shares of the company’s stock worth $2,459,000 after acquiring an additional 590 shares during the period.

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.