Delta Investment Management LLC Invests $283,000 in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Delta Investment Management LLC bought a new position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 2,970 shares of the company’s stock, valued at approximately $283,000.

Several other hedge funds have also recently modified their holdings of the stock. Golden State Equity Partners raised its stake in ProShares S&P 500 Aristocrats ETF by 1.2% during the fourth quarter. Golden State Equity Partners now owns 18,698 shares of the company’s stock valued at $1,780,000 after purchasing an additional 225 shares in the last quarter. Truist Financial Corp raised its stake in ProShares S&P 500 Aristocrats ETF by 1.6% during the fourth quarter. Truist Financial Corp now owns 255,065 shares of the company’s stock valued at $24,282,000 after purchasing an additional 4,048 shares in the last quarter. Kovack Advisors Inc. raised its stake in ProShares S&P 500 Aristocrats ETF by 3.3% during the fourth quarter. Kovack Advisors Inc. now owns 44,616 shares of the company’s stock valued at $4,247,000 after purchasing an additional 1,405 shares in the last quarter. TAP Consulting LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 75.9% during the fourth quarter. TAP Consulting LLC now owns 94,638 shares of the company’s stock valued at $9,010,000 after purchasing an additional 40,836 shares in the last quarter. Finally, Atria Wealth Solutions Inc. raised its stake in ProShares S&P 500 Aristocrats ETF by 16.2% during the fourth quarter. Atria Wealth Solutions Inc. now owns 95,692 shares of the company’s stock valued at $9,110,000 after purchasing an additional 13,324 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Down 0.3 %

ProShares S&P 500 Aristocrats ETF stock traded down $0.34 during mid-day trading on Friday, reaching $96.88. 485,829 shares of the company’s stock traded hands. The company has a market cap of $11.82 billion, a price-to-earnings ratio of 21.27 and a beta of 0.73. The stock has a 50 day moving average of $98.19 and a two-hundred day moving average of $93.98. 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 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.