Syntax Research Inc. Has $9.41 Million Stake in ProShares S&P 500 Aristocrats ETF $NOBL

Syntax Research Inc. boosted its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 200.5% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 167,585 shares of the company’s stock after acquiring an additional 111,824 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for about 6.9% of Syntax Research Inc.’s investment portfolio, making the stock its 5th largest holding. Syntax Research Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $9,412,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of the stock. United Community Bank lifted its position in ProShares S&P 500 Aristocrats ETF by 100.0% in the second quarter. United Community Bank now owns 1,050 shares of the company’s stock valued at $59,000 after purchasing an additional 525 shares during the last quarter. Kickstand Ventures LLC. grew its holdings in ProShares S&P 500 Aristocrats ETF by 100.0% in the 2nd quarter. Kickstand Ventures LLC. now owns 13,090 shares of the company’s stock worth $735,000 after acquiring an additional 6,545 shares during the last quarter. Concurrent Investment Advisors LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 279.8% in the 2nd quarter. Concurrent Investment Advisors LLC now owns 67,623 shares of the company’s stock worth $3,798,000 after acquiring an additional 49,817 shares during the last quarter. Retireful LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at about $328,000. Finally, Paragon Private Wealth Management LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 91.3% in the second quarter. Paragon Private Wealth Management LLC now owns 15,301 shares of the company’s stock valued at $859,000 after acquiring an additional 7,303 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Up 0.3%

Shares of BATS:NOBL opened at $58.06 on Friday. The company has a 50-day moving average price of $57.58 and a 200-day moving average price of $55.46. The company has a market cap of $6.58 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12 month low of $50.12 and a 12 month high of $59.30.

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.