Sumitomo Mitsui Trust Group Inc. Acquires 116,470 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Sumitomo Mitsui Trust Group Inc. lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 161.1% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 188,770 shares of the company’s stock after purchasing an additional 116,470 shares during the period. Sumitomo Mitsui Trust Group Inc. owned 0.16% of ProShares S&P 500 Aristocrats ETF worth $18,792,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in NOBL. Strategic Financial Concepts LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 12,704.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,822,998 shares of the company’s stock worth $380,579,000 after buying an additional 3,793,141 shares during the period. Benchmark Financial Wealth Advisors LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth approximately $214,000. Jackson Grant Investment Advisers Inc. raised its stake in ProShares S&P 500 Aristocrats ETF by 0.4% during the 4th quarter. Jackson Grant Investment Advisers Inc. now owns 24,918 shares of the company’s stock worth $2,481,000 after buying an additional 105 shares during the period. Money Concepts Capital Corp raised its stake in ProShares S&P 500 Aristocrats ETF by 2.8% during the 4th quarter. Money Concepts Capital Corp now owns 16,385 shares of the company’s stock worth $1,631,000 after buying an additional 451 shares during the period. Finally, Confluence Wealth Services Inc. acquired a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth approximately $345,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

NOBL stock opened at $101.23 on Thursday. The stock’s 50 day simple moving average is $101.64 and its 200 day simple moving average is $103.58. 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 company has a market cap of $12.29 billion, a P/E ratio of 20.81 and a beta of 0.68.

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 issued a $0.5863 dividend. The ex-dividend date was Monday, December 23rd.

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.