Meridian Wealth Management LLC Increases Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Meridian Wealth Management LLC lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 28.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 10,858 shares of the company’s stock after acquiring an additional 2,435 shares during the quarter. Meridian Wealth Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,081,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of NOBL. Strategic Financial Concepts LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 12,704.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,822,998 shares of the company’s stock worth $380,579,000 after acquiring an additional 3,793,141 shares during the last quarter. Yousif Capital Management LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at about $15,906,000. LPL Financial LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 4.1% in the third quarter. LPL Financial LLC now owns 3,135,520 shares of the company’s stock valued at $334,748,000 after buying an additional 124,305 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. increased its holdings in ProShares S&P 500 Aristocrats ETF by 161.1% in the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 188,770 shares of the company’s stock valued at $18,792,000 after buying an additional 116,470 shares during the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. increased its holdings in ProShares S&P 500 Aristocrats ETF by 98.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 180,820 shares of the company’s stock valued at $18,082,000 after buying an additional 89,645 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 2.9 %

Shares of ProShares S&P 500 Aristocrats ETF stock opened at $102.10 on Wednesday. The firm has a market cap of $11.74 billion, a P/E ratio of 23.15 and a beta of 0.92. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $55.69 and a fifty-two week high of $67.97. The business has a 50-day moving average price of $101.22 and a 200 day moving average price of $103.81.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.5863 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.