TrinityPoint Wealth LLC Purchases New Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

TrinityPoint Wealth LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the 3rd quarter, Holdings Channel reports. The fund acquired 2,043 shares of the company’s stock, valued at approximately $218,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Thrivent Financial for Lutherans bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at approximately $271,000. RIA Advisory Group LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the third quarter valued at $477,000. Archer Investment Corp raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 4.8% in the third quarter. Archer Investment Corp now owns 20,601 shares of the company’s stock valued at $2,199,000 after acquiring an additional 952 shares during the period. Planning Capital Management Corp lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 116.6% in the 3rd quarter. Planning Capital Management Corp now owns 1,739 shares of the company’s stock worth $186,000 after acquiring an additional 936 shares during the last quarter. Finally, Huntington National Bank boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 107.4% during the 3rd quarter. Huntington National Bank now owns 2,746 shares of the company’s stock worth $293,000 after purchasing an additional 1,422 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Up 0.4 %

Shares of BATS:NOBL opened at $105.53 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The company has a market capitalization of $12.82 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The firm’s 50-day moving average is $105.73 and its 200 day moving average is $101.52.

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.