Tidal Investments LLC Buys New Shares in ProShares S&P 500 Aristocrats ETF $NOBL

Tidal Investments LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the second quarter, HoldingsChannel reports. The fund acquired 394,025 shares of the company’s stock, valued at approximately $22,128,000.

Other hedge funds also recently bought and sold shares of the company. MCF Advisors LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 29,300.4% in the 2nd quarter. MCF Advisors LLC now owns 74,383 shares of the company’s stock valued at $4,177,000 after acquiring an additional 74,130 shares during the last quarter. Bienville Capital Management LLC grew its position in ProShares S&P 500 Aristocrats ETF by 100.0% during the 2nd quarter. Bienville Capital Management LLC now owns 19,644 shares of the company’s stock worth $1,103,000 after acquiring an additional 9,823 shares during the last quarter. Gemmer Asset Management LLC grew its position in ProShares S&P 500 Aristocrats ETF by 100.0% during the 2nd quarter. Gemmer Asset Management LLC now owns 17,547 shares of the company’s stock worth $985,000 after acquiring an additional 8,773 shares during the last quarter. Capital Analysts LLC increased its stake in ProShares S&P 500 Aristocrats ETF by 100.0% in the 2nd quarter. Capital Analysts LLC now owns 11,274 shares of the company’s stock worth $634,000 after purchasing an additional 5,638 shares during the period. Finally, Integrated Wealth Concepts LLC increased its stake in ProShares S&P 500 Aristocrats ETF by 86.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 39,412 shares of the company’s stock worth $2,213,000 after purchasing an additional 18,280 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Down 0.8%

BATS:NOBL opened at $56.08 on Friday. The firm has a market capitalization of $6.36 billion, a P/E ratio of 21.15 and a beta of 0.87. The company has a fifty day moving average of $57.62 and a 200 day moving average of $55.47. ProShares S&P 500 Aristocrats ETF has a 52 week low of $50.12 and a 52 week high of $59.30.

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.