Raymond James & Associates Cuts Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Raymond James & Associates lessened its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 593,146 shares of the company’s stock after selling 13,340 shares during the period. Raymond James & Associates owned approximately 0.48% of ProShares S&P 500 Aristocrats ETF worth $56,468,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Householder Group Estate & Retirement Specialist LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at $26,000. Valued Wealth Advisors LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $28,000. First Manhattan CO. LLC. bought a new stake in ProShares S&P 500 Aristocrats ETF during the 1st quarter valued at $36,000. True Wealth Design LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth $36,000. Finally, Ambassador Advisors LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 1st quarter worth $37,000.

ProShares S&P 500 Aristocrats ETF Trading Up 1.9 %

Shares of BATS NOBL opened at $101.07 on Thursday. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The firm has a market capitalization of $12.49 billion, a PE ratio of 17.72 and a beta of 0.89. The firm has a fifty day simple moving average of $96.48 and a two-hundred day simple moving average of $92.67.

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.