Envestnet Portfolio Solutions Inc. Increases Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Envestnet Portfolio Solutions Inc. increased its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.5% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 7,363 shares of the company’s stock after buying an additional 317 shares during the period. Envestnet Portfolio Solutions Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $733,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Thrivent Financial for Lutherans purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth approximately $271,000. Citigroup Inc. boosted its position in ProShares S&P 500 Aristocrats ETF by 26.3% during the third quarter. Citigroup Inc. now owns 94,239 shares of the company’s stock worth $10,061,000 after purchasing an additional 19,641 shares in the last quarter. Bedell Frazier Investment Counselling LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF in the third quarter valued at $232,000. Private Trust Co. NA increased its position in shares of ProShares S&P 500 Aristocrats ETF by 8.4% in the third quarter. Private Trust Co. NA now owns 5,382 shares of the company’s stock valued at $575,000 after buying an additional 416 shares in the last quarter. Finally, FMR LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 14.9% during the 3rd quarter. FMR LLC now owns 43,915 shares of the company’s stock worth $4,688,000 after buying an additional 5,693 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 2.4 %

Shares of BATS NOBL opened at $101.65 on Tuesday. The company’s 50-day moving average price is $101.92 and its 200 day moving average price is $103.65. ProShares S&P 500 Aristocrats ETF has a 52 week low of $94.83 and a 52 week high of $108.79. The stock has a market cap of $11.69 billion, a price-to-earnings ratio of 22.78 and a beta of 0.91.

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.