Fagan Associates Inc. Has $9.40 Million Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Fagan Associates Inc. boosted its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 8.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 94,424 shares of the company’s stock after buying an additional 7,406 shares during the period. ProShares S&P 500 Aristocrats ETF makes up about 1.5% of Fagan Associates Inc.’s investment portfolio, making the stock its 17th largest position. Fagan Associates Inc. owned about 0.08% of ProShares S&P 500 Aristocrats ETF worth $9,400,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in NOBL. Sumitomo Mitsui Trust Group Inc. increased its position in shares of ProShares S&P 500 Aristocrats ETF by 161.1% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 188,770 shares of the company’s stock valued at $18,792,000 after purchasing an additional 116,470 shares during the period. Blue Trust Inc. lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 21.3% during the fourth quarter. Blue Trust Inc. now owns 1,905 shares of the company’s stock valued at $203,000 after acquiring an additional 334 shares during the period. Whittier Trust Co. of Nevada Inc. bought a new stake in ProShares S&P 500 Aristocrats ETF in the third quarter valued at about $417,000. Planning Capital Management Corp increased its holdings in ProShares S&P 500 Aristocrats ETF by 116.6% in the third quarter. Planning Capital Management Corp now owns 1,739 shares of the company’s stock valued at $186,000 after purchasing an additional 936 shares during the last quarter. Finally, Creative Planning increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 3.3% in the third quarter. Creative Planning now owns 79,925 shares of the company’s stock worth $8,533,000 after acquiring an additional 2,575 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of ProShares S&P 500 Aristocrats ETF stock opened at $101.72 on Wednesday. ProShares S&P 500 Aristocrats ETF has a 1 year low of $55.69 and a 1 year high of $67.97. The business has a 50-day moving average of $101.24 and a two-hundred day moving average of $103.60. The company has a market capitalization of $12.35 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a $0.5863 dividend. The ex-dividend date was Monday, December 23rd.

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.