JPMorgan Chase & Co. decreased its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 40.4% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 104,177 shares of the company’s stock after selling 70,756 shares during the period. JPMorgan Chase & Co. owned 0.09% of ProShares S&P 500 Aristocrats ETF worth $10,738,000 as of its most recent SEC filing.
A number of other hedge funds have also added to or reduced their stakes in the stock. Bison Wealth LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 1.3% in the fourth quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock valued at $937,000 after acquiring an additional 121 shares during the period. AQR Capital Management LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 6.3% during the 1st quarter. AQR Capital Management LLC now owns 36,442 shares of the company’s stock worth $3,724,000 after acquiring an additional 2,171 shares during the period. Jane Street Group LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF in the 1st quarter worth approximately $481,000. Franklin Resources Inc. bought a new position in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $59,000. Finally, Elevation Point Wealth Partners LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $35,000.
ProShares S&P 500 Aristocrats ETF Price Performance
NOBL opened at $104.57 on Friday. The firm has a market capitalization of $11.86 billion, a P/E ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a one year low of $89.76 and a one year high of $115.31. The company has a fifty day moving average price of $110.43 and a 200-day moving average price of $106.14.
ProShares S&P 500 Aristocrats ETF Company 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.
Further Reading
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