Mine & Arao Wealth Creation & Management LLC. Lowers Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Mine & Arao Wealth Creation & Management LLC. lessened its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.5% during the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 6,333 shares of the company’s stock after selling 163 shares during the quarter. Mine & Arao Wealth Creation & Management LLC.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $609,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Fisher Asset Management LLC purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter worth approximately $250,000. Montag A & Associates Inc. increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 31.3% during the fourth quarter. Montag A & Associates Inc. now owns 6,507 shares of the company’s stock valued at $619,000 after acquiring an additional 1,553 shares in the last quarter. Principal Securities Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter worth about $638,000. First City Capital Management Inc. raised its position in shares of ProShares S&P 500 Aristocrats ETF by 6.1% in the 4th quarter. First City Capital Management Inc. now owns 4,725 shares of the company’s stock worth $450,000 after purchasing an additional 270 shares during the last quarter. Finally, BNP Paribas Financial Markets bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth about $585,000.

ProShares S&P 500 Aristocrats ETF Trading Down 0.5 %

BATS:NOBL traded down $0.55 on Friday, reaching $102.94. 521,197 shares of the stock traded hands. The company has a market capitalization of $12.50 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The company’s fifty day simple moving average is $100.21 and its 200 day simple moving average is $98.80.

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.