173,400 Shares in ProShares S&P 500 Aristocrats ETF $NOBL Purchased by Mirae Asset Global Investments Co. Ltd.

Mirae Asset Global Investments Co. Ltd. purchased a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm purchased 173,400 shares of the company’s stock, valued at approximately $9,381,000. Mirae Asset Global Investments Co. Ltd. owned 0.15% of ProShares S&P 500 Aristocrats ETF as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Concurrent Investment Advisors LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 279.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 67,623 shares of the company’s stock valued at $3,798,000 after buying an additional 49,817 shares in the last quarter. NewEdge Advisors LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 104.0% in the 2nd quarter. NewEdge Advisors LLC now owns 296,162 shares of the company’s stock worth $16,632,000 after acquiring an additional 150,985 shares during the last quarter. Envestnet Asset Management Inc. raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 100.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 456,871 shares of the company’s stock worth $25,658,000 after acquiring an additional 228,526 shares during the period. Succession Financial Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth $1,122,000. Finally, SouthState Bank Corp raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 700.0% during the 1st quarter. SouthState Bank Corp now owns 58,867 shares of the company’s stock worth $6,240,000 after acquiring an additional 51,509 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Up 3.1%

Shares of NOBL stock opened at $61.29 on Thursday. The company’s 50-day moving average price is $56.73 and its 200-day moving average price is $55.70. The stock has a market cap of $6.95 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a twelve month low of $50.35 and a twelve month high of $61.37.

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.