Prism Advisors Inc. Sells 39,539 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Prism Advisors Inc. trimmed its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 25.9% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,352 shares of the company’s stock after selling 39,539 shares during the period. ProShares S&P 500 Aristocrats ETF comprises about 3.5% of Prism Advisors Inc.’s portfolio, making the stock its 12th largest position. Prism Advisors Inc. owned approximately 0.09% of ProShares S&P 500 Aristocrats ETF worth $12,101,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the business. Clear Creek Financial Management LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 2.6% during the 2nd quarter. Clear Creek Financial Management LLC now owns 4,389 shares of the company’s stock valued at $422,000 after acquiring an additional 110 shares during the period. Chapin Davis Inc. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 1.3% during the 3rd quarter. Chapin Davis Inc. now owns 8,988 shares of the company’s stock valued at $960,000 after acquiring an additional 115 shares during the last quarter. BNP Paribas Financial Markets boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 1.9% during the 1st quarter. BNP Paribas Financial Markets now owns 6,266 shares of the company’s stock valued at $635,000 after acquiring an additional 116 shares during the last quarter. Cutter & CO Brokerage Inc. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 3.0% during the 2nd quarter. Cutter & CO Brokerage Inc. now owns 4,208 shares of the company’s stock valued at $404,000 after acquiring an additional 122 shares during the last quarter. Finally, Mark Sheptoff Financial Planning LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 18.7% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 830 shares of the company’s stock valued at $84,000 after acquiring an additional 131 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

BATS NOBL opened at $107.19 on Wednesday. The firm’s 50-day moving average is $104.15 and its two-hundred day moving average is $100.20. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The stock has a market capitalization of $13.02 billion, a P/E ratio of 20.81 and a beta of 0.68.

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.