ProShares S&P 500 Aristocrats ETF (BATS:NOBL) is IAM Advisory LLC’s Largest Position

IAM Advisory LLC increased its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.2% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 649,451 shares of the company’s stock after purchasing an additional 13,844 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for about 16.4% of IAM Advisory LLC’s holdings, making the stock its largest holding. IAM Advisory LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $64,653,000 as of its most recent SEC filing.

A number of other hedge funds also recently bought and sold shares of NOBL. Ameritas Advisory Services LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.9% during the 4th quarter. Ameritas Advisory Services LLC now owns 19,896 shares of the company’s stock worth $1,981,000 after buying an additional 363 shares during the period. HB Wealth Management LLC lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 8.6% in the fourth quarter. HB Wealth Management LLC now owns 11,026 shares of the company’s stock valued at $1,098,000 after acquiring an additional 869 shares in the last quarter. Financial & Tax Architects LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 2.8% during the 4th quarter. Financial & Tax Architects LLC now owns 128,535 shares of the company’s stock worth $12,796,000 after purchasing an additional 3,441 shares during the last quarter. BTS Asset Management Inc. acquired a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter worth about $316,000. Finally, Lake Street Private Wealth LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 21.6% during the 4th quarter. Lake Street Private Wealth LLC now owns 4,356 shares of the company’s stock worth $434,000 after purchasing an additional 775 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 1.8 %

Shares of NOBL opened at $101.10 on Friday. The firm has a 50-day moving average price of $103.27 and a 200 day moving average price of $103.07. The firm has a market capitalization of $12.28 billion, a P/E ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 12-month low of $55.69 and a 12-month high of $67.97.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.5863 dividend. The ex-dividend date was Monday, December 23rd.

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.