Farmers & Merchants Investments Inc. Buys Shares of 397 ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Posted by Scott Moore on Feb 10th, 2025

Farmers & Merchants Investments Inc. bought a new position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 397 shares of the company’s stock, valued at approximately $40,000.

A number of other hedge funds also recently made changes to their positions in NOBL. Wolff Wiese Magana LLC raised its position in ProShares S&P 500 Aristocrats ETF by 147.0% in the third quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after purchasing an additional 147 shares during the last quarter. GAMMA Investing LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at approximately $44,000. Decker Retirement Planning Inc. bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at approximately $45,000. Sugar Maple Asset Management LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at approximately $53,000. Finally, TD Private Client Wealth LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth approximately $65,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

NOBL stock opened at $101.07 on Monday. The company has a market capitalization of $12.28 billion, a P/E ratio of 20.81 and a beta of 0.68. The company has a fifty day moving average price of $101.88 and a 200-day moving average price of $103.52. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.5863 per share. The ex-dividend date of this dividend was Monday, December 23rd.

ProShares S&P 500 Aristocrats ETF Profile

(Free Report)

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.