Concord Investment Counsel Inc. Invests $607,000 in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Concord Investment Counsel Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,987 shares of the company’s stock, valued at approximately $607,000.

A number of other hedge funds also recently modified their holdings of NOBL. Harbour Investments Inc. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 32.1% during the third quarter. Harbour Investments Inc. now owns 4,227 shares of the company’s stock worth $374,000 after buying an additional 1,028 shares in the last quarter. Comerica Bank bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the third quarter worth about $11,175,000. Invst LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 62.3% during the third quarter. Invst LLC now owns 6,090 shares of the company’s stock worth $539,000 after buying an additional 2,338 shares in the last quarter. EP Wealth Advisors LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the third quarter worth about $155,000. Finally, Trust Co. of Vermont grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 354.2% during the third quarter. Trust Co. of Vermont now owns 704 shares of the company’s stock worth $62,000 after buying an additional 549 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL stock traded up $1.29 during mid-day trading on Friday, reaching $97.49. The company had a trading volume of 887,681 shares. 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 50 day simple moving average of $97.52 and a two-hundred day simple moving average of $96.98. The company has a market capitalization of $11.84 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Company 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.