Modern Wealth Management LLC Lowers Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Modern Wealth Management LLC lessened its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBLFree Report) by 6.1% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 2,708 shares of the company’s stock after selling 175 shares during the quarter. Modern Wealth Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $275,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also made changes to their positions in the company. Thrivent Financial for Lutherans purchased a new position in ProShares S&P 500 Aristocrats ETF in the third quarter valued at about $271,000. Citigroup Inc. grew its holdings in ProShares S&P 500 Aristocrats ETF by 26.3% in the third quarter. Citigroup Inc. now owns 94,239 shares of the company’s stock worth $10,061,000 after purchasing an additional 19,641 shares during the last quarter. FMR LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 14.9% in the third quarter. FMR LLC now owns 43,915 shares of the company’s stock worth $4,688,000 after purchasing an additional 5,693 shares during the last quarter. BNP Paribas Financial Markets lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 36.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 285,797 shares of the company’s stock valued at $30,512,000 after purchasing an additional 76,399 shares during the last quarter. Finally, Glenmede Trust Co. NA acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 3rd quarter worth $217,000.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of NOBL stock opened at $100.90 on Friday. The company has a market cap of $11.60 billion, a price-to-earnings ratio of 22.78 and a beta of 0.91. The stock’s fifty day moving average price is $102.03 and its 200 day moving average price is $103.59. ProShares S&P 500 Aristocrats ETF has a 1-year low of $94.83 and a 1-year high of $108.79.

About ProShares S&P 500 Aristocrats ETF

(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.

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Institutional Ownership by Quarter for ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

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