ProShares S&P 500 Aristocrats ETF $NOBL Stake Raised by IAM Advisory LLC

IAM Advisory LLC lifted its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.9% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 659,573 shares of the company’s stock after acquiring an additional 12,174 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for approximately 15.9% of IAM Advisory LLC’s investment portfolio, making the stock its 2nd biggest holding. IAM Advisory LLC owned approximately 0.58% of ProShares S&P 500 Aristocrats ETF worth $66,419,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the company. Cresset Asset Management LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 4.8% during the 1st quarter. Cresset Asset Management LLC now owns 1,724,055 shares of the company’s stock worth $176,962,000 after acquiring an additional 79,340 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 2.4% during the 1st quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,267,831 shares of the company’s stock worth $129,547,000 after acquiring an additional 29,436 shares in the last quarter. Commonwealth Equity Services LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.8% during the 1st quarter. Commonwealth Equity Services LLC now owns 911,361 shares of the company’s stock worth $93,123,000 after acquiring an additional 7,335 shares in the last quarter. Rockland Trust Co. boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.7% during the 1st quarter. Rockland Trust Co. now owns 655,551 shares of the company’s stock worth $66,984,000 after acquiring an additional 10,937 shares in the last quarter. Finally, Brookstone Capital Management boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.7% during the 1st quarter. Brookstone Capital Management now owns 561,583 shares of the company’s stock worth $57,383,000 after acquiring an additional 3,841 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 4.4%

NOBL stock opened at $103.59 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 52-week low of $89.76 and a 52-week high of $108.79. The company’s 50-day simple moving average is $103.69 and its 200-day simple moving average is $101.05. The firm has a market cap of $11.75 billion, a P/E ratio of 21.15 and a beta of 0.87.

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.