Glen Eagle Advisors LLC Sells 2,116 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Glen Eagle Advisors LLC reduced its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.6% during the 3rd quarter, HoldingsChannel reports. The firm owned 134,117 shares of the company’s stock after selling 2,116 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for 2.4% of Glen Eagle Advisors LLC’s portfolio, making the stock its 10th biggest position. Glen Eagle Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $14,318,000 as of its most recent SEC filing.

Several other hedge funds have also recently modified their holdings of the stock. Concourse Financial Group Securities Inc. boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 741.0% in the second quarter. Concourse Financial Group Securities Inc. now owns 3,507 shares of the company’s stock valued at $339,000 after buying an additional 3,090 shares in the last quarter. GAMMA Investing LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at approximately $44,000. Fifth Third Securities Inc. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 3.3% in the 2nd quarter. Fifth Third Securities Inc. now owns 23,889 shares of the company’s stock worth $2,310,000 after acquiring an additional 758 shares during the period. &PARTNERS raised its holdings in ProShares S&P 500 Aristocrats ETF by 113.1% during the second quarter. &PARTNERS now owns 5,460 shares of the company’s stock worth $525,000 after purchasing an additional 2,898 shares during the last quarter. Finally, Lowe Wealth Advisors LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 2.0% in the third quarter. Lowe Wealth Advisors LLC now owns 23,673 shares of the company’s stock valued at $2,527,000 after purchasing an additional 465 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Down 0.5 %

BATS:NOBL opened at $106.16 on Friday. The company has a market capitalization of $12.89 billion, a PE ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97. The stock has a fifty day simple moving average of $106.18 and a 200-day simple moving average of $102.25.

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.