Advisory Alpha LLC Cuts Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Advisory Alpha LLC trimmed its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 20.3% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,780 shares of the company’s stock after selling 1,473 shares during the quarter. Advisory Alpha LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $575,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in the business. Wolff Wiese Magana LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 147.0% in the 3rd 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 bought a new position in ProShares S&P 500 Aristocrats ETF during the third quarter valued at $44,000. Decker Retirement Planning Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $45,000. Sugar Maple Asset Management LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter worth about $53,000. Finally, TD Private Client Wealth LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth about $65,000.

ProShares S&P 500 Aristocrats ETF Price Performance

ProShares S&P 500 Aristocrats ETF stock opened at $101.16 on Thursday. The firm has a market capitalization of $12.29 billion, a P/E ratio of 20.81 and a beta of 0.68. 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 $103.08 and its 200 day moving average is $103.21.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The firm also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.5863 per share. The ex-dividend date was Monday, December 23rd.

ProShares S&P 500 Aristocrats ETF Company 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.