Gunma Bank Ltd. Increases Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Gunma Bank Ltd. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 123.9% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 69,397 shares of the company’s stock after buying an additional 38,397 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for approximately 2.3% of Gunma Bank Ltd.’s holdings, making the stock its 21st biggest holding. Gunma Bank Ltd. owned approximately 0.06% of ProShares S&P 500 Aristocrats ETF worth $7,091,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Bank of America Corp DE increased its position in shares of ProShares S&P 500 Aristocrats ETF by 3.9% during the fourth quarter. Bank of America Corp DE now owns 4,507,757 shares of the company’s stock worth $448,747,000 after acquiring an additional 167,936 shares during the period. GAMMA Investing LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 29,815.4% during the first quarter. GAMMA Investing LLC now owns 124,149 shares of the company’s stock worth $12,686,000 after acquiring an additional 123,734 shares during the period. JPMorgan Chase & Co. increased its position in shares of ProShares S&P 500 Aristocrats ETF by 38.1% during the fourth quarter. JPMorgan Chase & Co. now owns 248,673 shares of the company’s stock worth $24,755,000 after acquiring an additional 68,564 shares during the period. Connecticut Wealth Management LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 109.0% during the fourth quarter. Connecticut Wealth Management LLC now owns 131,350 shares of the company’s stock worth $13,076,000 after acquiring an additional 68,508 shares during the period. Finally, Wells Fargo & Company MN increased its position in shares of ProShares S&P 500 Aristocrats ETF by 3.1% during the fourth quarter. Wells Fargo & Company MN now owns 2,107,134 shares of the company’s stock worth $209,765,000 after acquiring an additional 62,595 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS:NOBL opened at $103.37 on Wednesday. The firm has a market cap of $11.72 billion, a PE ratio of 21.15 and a beta of 0.87. The firm’s 50 day simple moving average is $101.20 and its 200-day simple moving average is $100.48. ProShares S&P 500 Aristocrats ETF has a one year low of $89.76 and a one year high of $108.79.

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.