ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Reaches New 12-Month High – Time to Buy?

ProShares S&P 500 Aristocrats ETF (BATS:NOBL)’s stock price hit a new 52-week high during mid-day trading on Monday . The company traded as high as $100.59 and last traded at $102.51, with a volume of 896354 shares trading hands. The stock had previously closed at $99.26.

ProShares S&P 500 Aristocrats ETF Stock Performance

The business has a 50 day moving average price of $101.01 and a 200-day moving average price of $103.72. The company has a market capitalization of $11.90 billion, a price-to-earnings ratio of 23.15 and a beta of 0.92.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of the stock. Wagner Wealth Management LLC increased its stake in ProShares S&P 500 Aristocrats ETF by 1.0% in the fourth quarter. Wagner Wealth Management LLC now owns 10,595 shares of the company’s stock valued at $1,055,000 after purchasing an additional 100 shares in the last quarter. Jackson Grant Investment Advisers Inc. grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.4% in the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 24,918 shares of the company’s stock valued at $2,481,000 after buying an additional 105 shares during the period. Pure Portfolios Holdings LLC increased its position in ProShares S&P 500 Aristocrats ETF by 0.4% in the 4th quarter. Pure Portfolios Holdings LLC now owns 26,247 shares of the company’s stock valued at $2,613,000 after buying an additional 108 shares in the last quarter. Sax Wealth Advisors LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 5.0% during the 4th quarter. Sax Wealth Advisors LLC now owns 2,415 shares of the company’s stock worth $240,000 after buying an additional 116 shares during the period. Finally, Belmont Capital LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF by 16.3% in the third quarter. Belmont Capital LLC now owns 841 shares of the company’s stock worth $90,000 after acquiring an additional 118 shares in the last quarter.

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.