Brown Brothers Harriman & Co. Raises Stock Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Brown Brothers Harriman & Co. increased its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 46.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,580 shares of the company’s stock after purchasing an additional 500 shares during the quarter. Brown Brothers Harriman & Co.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $152,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors have also recently added to or reduced their stakes in the company. Strategic Financial Concepts LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 5,774.4% during the second quarter. Strategic Financial Concepts LLC now owns 2,788,829 shares of the company’s stock worth $2,504,000 after purchasing an additional 2,741,355 shares during the last quarter. Global Assets Advisory LLC increased its position in ProShares S&P 500 Aristocrats ETF by 8,840.4% during the first quarter. Global Assets Advisory LLC now owns 937,760 shares of the company’s stock worth $95,098,000 after purchasing an additional 927,271 shares during the last quarter. Cetera Investment Advisers raised its stake in ProShares S&P 500 Aristocrats ETF by 385.4% during the first quarter. Cetera Investment Advisers now owns 482,921 shares of the company’s stock worth $48,973,000 after purchasing an additional 383,429 shares during the period. Raymond James & Associates boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 48.7% in the 2nd quarter. Raymond James & Associates now owns 898,130 shares of the company’s stock valued at $86,337,000 after purchasing an additional 294,186 shares during the last quarter. Finally, Wells Fargo & Company MN grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 6.6% during the 4th quarter. Wells Fargo & Company MN now owns 2,059,742 shares of the company’s stock valued at $196,087,000 after buying an additional 126,918 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Down 0.3 %

NOBL stock opened at $105.35 on Thursday. The business has a fifty day simple moving average of $101.71 and a 200-day simple moving average of $99.28. The company has a market cap of $12.79 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97.

ProShares S&P 500 Aristocrats ETF 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.