Archer Investment Corp Buys 952 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Archer Investment Corp lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.8% in the 3rd quarter, HoldingsChannel.com reports. The fund owned 20,601 shares of the company’s stock after purchasing an additional 952 shares during the quarter. Archer Investment Corp’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,199,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Concourse Financial Group Securities Inc. increased its position in ProShares S&P 500 Aristocrats ETF by 741.0% during 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 acquired a new stake in ProShares S&P 500 Aristocrats ETF during the third quarter worth approximately $44,000. Fifth Third Securities Inc. lifted its stake in ProShares S&P 500 Aristocrats ETF by 3.3% in the second 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 during the period. &PARTNERS boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 113.1% during the 2nd quarter. &PARTNERS now owns 5,460 shares of the company’s stock worth $525,000 after buying an additional 2,898 shares in the last quarter. Finally, CreativeOne Wealth LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the 1st quarter valued at $315,000.

ProShares S&P 500 Aristocrats ETF Stock Down 0.8 %

BATS:NOBL traded down $0.84 on Friday, hitting $105.54. The stock had a trading volume of 550,708 shares. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97. The business’s fifty day moving average is $105.62 and its 200 day moving average is $101.31. The company has a market cap of $12.82 billion, a PE 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.