Thoroughbred Financial Services LLC Increases Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Thoroughbred Financial Services LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 19.5% in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 70,696 shares of the company’s stock after acquiring an additional 11,527 shares during the quarter. Thoroughbred Financial Services LLC owned approximately 0.06% of ProShares S&P 500 Aristocrats ETF worth $6,796,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in NOBL. Salomon & Ludwin LLC acquired a new position in ProShares S&P 500 Aristocrats ETF in the first quarter valued at approximately $25,000. Daiwa Securities Group Inc. acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $25,000. American National Bank purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $27,000. Pineridge Advisors LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth $36,000. Finally, Hazlett Burt & Watson Inc. purchased a new stake in ProShares S&P 500 Aristocrats ETF in the first quarter valued at $37,000.

ProShares S&P 500 Aristocrats ETF Price Performance

BATS NOBL opened at $105.12 on Friday. The company has a fifty day moving average of $101.11 and a two-hundred day moving average of $99.09. The company has a market capitalization of $12.77 billion, a PE ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 1 year low of $55.69 and a 1 year high of $67.97.

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.