Wealth Alliance Buys 1,024 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Wealth Alliance grew its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 31.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 4,281 shares of the company’s stock after buying an additional 1,024 shares during the quarter. Wealth Alliance’s holdings in ProShares S&P 500 Aristocrats ETF were worth $412,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Salomon & Ludwin LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the first quarter valued at about $25,000. Daiwa Securities Group Inc. bought a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $25,000. American National Bank purchased a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter worth about $27,000. Hazlett Burt & Watson Inc. purchased a new position in ProShares S&P 500 Aristocrats ETF in the 1st quarter worth about $37,000. Finally, Pineridge Advisors LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth about $36,000.

ProShares S&P 500 Aristocrats ETF Stock Up 0.6 %

BATS:NOBL opened at $105.93 on Friday. The firm has a 50 day moving average of $101.87 and a 200 day moving average of $99.33. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97. The stock has a market capitalization of $12.87 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

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.