Northwestern Mutual Wealth Management Co. Increases Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Northwestern Mutual Wealth Management Co. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.1% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 226,328 shares of the company’s stock after buying an additional 170 shares during the quarter. Northwestern Mutual Wealth Management Co. owned 0.19% of ProShares S&P 500 Aristocrats ETF worth $21,757,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in NOBL. Strategic Financial Concepts LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 5,774.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,788,829 shares of the company’s stock valued at $2,504,000 after buying an additional 2,741,355 shares in the last quarter. Global Assets Advisory LLC raised its position in ProShares S&P 500 Aristocrats ETF by 8,840.4% in the 1st quarter. Global Assets Advisory LLC now owns 937,760 shares of the company’s stock worth $95,098,000 after purchasing an additional 927,271 shares during the period. Cetera Investment Advisers raised its position in ProShares S&P 500 Aristocrats ETF by 385.4% in the 1st quarter. Cetera Investment Advisers now owns 482,921 shares of the company’s stock worth $48,973,000 after purchasing an additional 383,429 shares during the period. Raymond James & Associates raised its position in ProShares S&P 500 Aristocrats ETF by 48.7% in the 2nd quarter. Raymond James & Associates now owns 898,130 shares of the company’s stock worth $86,337,000 after purchasing an additional 294,186 shares during the period. Finally, Cetera Advisors LLC raised its position in ProShares S&P 500 Aristocrats ETF by 89.2% in the 1st quarter. Cetera Advisors LLC now owns 157,773 shares of the company’s stock worth $16,000,000 after purchasing an additional 74,388 shares during the period.

ProShares S&P 500 Aristocrats ETF Price Performance

ProShares S&P 500 Aristocrats ETF stock opened at $106.78 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The firm has a market capitalization of $12.97 billion, a P/E ratio of 20.81 and a beta of 0.68. The company’s 50-day moving average is $102.84 and its 200 day moving average is $99.72.

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.