Cutler Investment Counsel LLC Grows Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Cutler Investment Counsel LLC grew its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 7.6% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,135 shares of the company’s stock after buying an additional 2,054 shares during the quarter. Cutler Investment Counsel LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,900,000 at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in NOBL. Strategic Financial Concepts LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 12,704.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,822,998 shares of the company’s stock worth $380,579,000 after acquiring an additional 3,793,141 shares in the last quarter. International Assets Investment Management LLC raised its position in ProShares S&P 500 Aristocrats ETF by 10,658.8% in the 3rd quarter. International Assets Investment Management LLC now owns 912,564 shares of the company’s stock worth $97,425,000 after purchasing an additional 904,082 shares during the period. Yousif Capital Management LLC purchased a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth $15,906,000. LPL Financial LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 4.1% in the third quarter. LPL Financial LLC now owns 3,135,520 shares of the company’s stock worth $334,748,000 after purchasing an additional 124,305 shares during the last quarter. Finally, Sumitomo Mitsui Trust Group Inc. boosted its position in ProShares S&P 500 Aristocrats ETF by 161.1% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 188,770 shares of the company’s stock valued at $18,792,000 after buying an additional 116,470 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Up 2.2 %

NOBL opened at $101.42 on Monday. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The business’s 50-day moving average price is $101.34 and its 200-day moving average price is $103.58. The company has a market cap of $12.32 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid 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.