Fifth Third Bancorp Boosts Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Fifth Third Bancorp lifted its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 9,866.7% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 107,042 shares of the company’s stock after buying an additional 105,968 shares during the period. Fifth Third Bancorp owned approximately 0.09% of ProShares S&P 500 Aristocrats ETF worth $11,348,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently modified their holdings of the company. MCF Advisors LLC purchased a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at about $26,000. Qube Research & Technologies Ltd bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter worth approximately $29,000. TFC Financial Management Inc. bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter worth approximately $30,000. Garton & Associates Financial Advisors LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at approximately $34,000. Finally, Turim 21 Investimentos Ltda. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at approximately $42,000.

ProShares S&P 500 Aristocrats ETF Trading Down 1.2%

Shares of BATS NOBL opened at $56.30 on Wednesday. ProShares S&P 500 Aristocrats ETF has a 12 month low of $50.12 and a 12 month high of $58.01. The firm has a market capitalization of $6.38 billion, a PE ratio of 21.15 and a beta of 0.87. The firm has a fifty day simple moving average of $54.88 and a two-hundred day simple moving average of $54.58.

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.