QRG Capital Management Inc. Buys 4,551 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

QRG Capital Management Inc. boosted its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 175.9% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 7,138 shares of the company’s stock after acquiring an additional 4,551 shares during the period. QRG Capital Management Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $762,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in NOBL. HT Partners LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 1.8% in the third quarter. HT Partners LLC now owns 5,698 shares of the company’s stock valued at $608,000 after buying an additional 98 shares during the period. Clear Creek Financial Management LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 2.6% during the second quarter. Clear Creek Financial Management LLC now owns 4,389 shares of the company’s stock worth $422,000 after purchasing an additional 110 shares during the period. Chapin Davis Inc. raised its position in shares of ProShares S&P 500 Aristocrats ETF by 1.3% during the third quarter. Chapin Davis Inc. now owns 8,988 shares of the company’s stock worth $960,000 after purchasing an additional 115 shares during the period. BNP Paribas Financial Markets raised its position in shares of ProShares S&P 500 Aristocrats ETF by 1.9% during the first quarter. BNP Paribas Financial Markets now owns 6,266 shares of the company’s stock worth $635,000 after purchasing an additional 116 shares during the period. Finally, Cutter & CO Brokerage Inc. raised its position in shares of ProShares S&P 500 Aristocrats ETF by 3.0% during the second quarter. Cutter & CO Brokerage Inc. now owns 4,208 shares of the company’s stock worth $404,000 after purchasing an additional 122 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Up 0.6 %

Shares of BATS:NOBL opened at $106.49 on Friday. ProShares S&P 500 Aristocrats ETF has a twelve month low of $55.69 and a twelve month high of $67.97. The stock’s 50 day moving average is $105.50 and its 200-day moving average is $101.10. The firm has a market capitalization of $12.93 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

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.