Summit Financial LLC Makes New $812,000 Investment in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Summit Financial LLC bought a new stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor bought 8,158 shares of the company’s stock, valued at approximately $812,000.

Other large investors have also modified their holdings of the company. Wagner Wealth Management LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 1.0% during the fourth quarter. Wagner Wealth Management LLC now owns 10,595 shares of the company’s stock valued at $1,055,000 after buying an additional 100 shares in the last quarter. Jackson Grant Investment Advisers Inc. raised its position in shares of ProShares S&P 500 Aristocrats ETF by 0.4% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 24,918 shares of the company’s stock valued at $2,481,000 after acquiring an additional 105 shares in the last quarter. Pure Portfolios Holdings LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 0.4% during the 4th quarter. Pure Portfolios Holdings LLC now owns 26,247 shares of the company’s stock valued at $2,613,000 after acquiring an additional 108 shares in the last quarter. Sax Wealth Advisors LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 5.0% during the fourth quarter. Sax Wealth Advisors LLC now owns 2,415 shares of the company’s stock worth $240,000 after purchasing an additional 116 shares during the last quarter. Finally, Concord Wealth Partners boosted its holdings in ProShares S&P 500 Aristocrats ETF by 0.3% in the fourth quarter. Concord Wealth Partners now owns 47,239 shares of the company’s stock worth $4,703,000 after purchasing an additional 126 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS:NOBL opened at $102.18 on Thursday. The company’s fifty day moving average is $102.08 and its two-hundred day moving average is $103.53. ProShares S&P 500 Aristocrats ETF has a 1-year low of $94.83 and a 1-year high of $108.79. The stock has a market capitalization of $11.78 billion, a price-to-earnings ratio of 22.95 and a beta of 0.87.

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.