Avidian Wealth Enterprises LLC Grows Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Avidian Wealth Enterprises LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.5% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 132,213 shares of the company’s stock after acquiring an additional 3,216 shares during the quarter. Avidian Wealth Enterprises LLC owned about 0.11% of ProShares S&P 500 Aristocrats ETF worth $14,115,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Concourse Financial Group Securities Inc. lifted its stake in ProShares S&P 500 Aristocrats ETF by 741.0% in the 2nd quarter. Concourse Financial Group Securities Inc. now owns 3,507 shares of the company’s stock worth $339,000 after purchasing an additional 3,090 shares in the last quarter. GAMMA Investing LLC purchased a new position in ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at approximately $44,000. Fifth Third Securities Inc. grew its holdings in ProShares S&P 500 Aristocrats ETF by 3.3% during the 2nd quarter. Fifth Third Securities Inc. now owns 23,889 shares of the company’s stock valued at $2,310,000 after buying an additional 758 shares in the last quarter. &PARTNERS grew its holdings in ProShares S&P 500 Aristocrats ETF by 113.1% during the 2nd quarter. &PARTNERS now owns 5,460 shares of the company’s stock valued at $525,000 after buying an additional 2,898 shares in the last quarter. Finally, CreativeOne Wealth LLC purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 1st quarter worth approximately $315,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

BATS NOBL opened at $104.85 on Wednesday. The stock has a 50 day moving average price of $105.38 and a 200-day moving average price of $100.97. ProShares S&P 500 Aristocrats ETF has a one year low of $55.69 and a one year high of $67.97. The company has a market capitalization of $12.73 billion, a P/E ratio of 20.81 and a beta of 0.68.

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.