GGM Financials LLC Makes New $900,000 Investment in ProShares S&P 500 Aristocrats ETF $NOBL

GGM Financials LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm bought 8,935 shares of the company’s stock, valued at approximately $900,000.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. Clark Asset Management LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the second quarter worth about $734,000. Alexander Labrunerie & CO. Inc. bought a new position in ProShares S&P 500 Aristocrats ETF during the second quarter worth about $207,000. Y Intercept Hong Kong Ltd bought a new position in ProShares S&P 500 Aristocrats ETF during the second quarter worth about $219,000. Bessemer Group Inc. boosted its position in ProShares S&P 500 Aristocrats ETF by 4.9% during the second quarter. Bessemer Group Inc. now owns 3,220 shares of the company’s stock worth $324,000 after purchasing an additional 150 shares during the period. Finally, Guardian Wealth Advisors LLC boosted its position in ProShares S&P 500 Aristocrats ETF by 9.1% during the second quarter. Guardian Wealth Advisors LLC now owns 2,686 shares of the company’s stock worth $271,000 after purchasing an additional 223 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Up 4.3%

Shares of BATS:NOBL opened at $103.56 on Tuesday. ProShares S&P 500 Aristocrats ETF has a twelve month low of $89.76 and a twelve month high of $108.79. The firm has a market capitalization of $11.74 billion, a PE ratio of 21.15 and a beta of 0.87. The company has a 50-day moving average price of $103.52 and a two-hundred day moving average price of $101.57.

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.