Archer Investment Corp Has $1.92 Million Stock Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Archer Investment Corp increased its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 20,144 shares of the company’s stock after purchasing an additional 293 shares during the quarter. Archer Investment Corp’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,918,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Royal Bank of Canada increased its position in ProShares S&P 500 Aristocrats ETF by 2.3% during the 3rd quarter. Royal Bank of Canada now owns 1,524,703 shares of the company’s stock worth $135,013,000 after purchasing an additional 34,122 shares in the last quarter. International Assets Investment Management LLC increased its position in ProShares S&P 500 Aristocrats ETF by 8,882.5% during the 4th quarter. International Assets Investment Management LLC now owns 805,553 shares of the company’s stock worth $76,689,000 after purchasing an additional 796,585 shares in the last quarter. Corient Private Wealth LLC increased its position in ProShares S&P 500 Aristocrats ETF by 38.6% during the 3rd quarter. Corient Private Wealth LLC now owns 128,468 shares of the company’s stock worth $11,376,000 after purchasing an additional 35,757 shares in the last quarter. Toronto Dominion Bank acquired a new position in ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth approximately $71,000. Finally, Anchor Investment Management LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth approximately $428,000.

ProShares S&P 500 Aristocrats ETF Stock Down 0.5 %

BATS NOBL traded down $0.50 on Wednesday, hitting $95.83. The company’s stock had a trading volume of 505,305 shares. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The company’s 50-day moving average is $97.86 and its 200 day moving average is $93.52. The firm has a market cap of $11.70 billion, a PE ratio of 21.27 and a beta of 0.73.

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.