Prime Capital Investment Advisors LLC Sells 5,957 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Prime Capital Investment Advisors LLC decreased its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 3.4% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 167,993 shares of the company’s stock after selling 5,957 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $17,935,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of NOBL. BNP Paribas Financial Markets increased its stake in ProShares S&P 500 Aristocrats ETF by 1.9% in the 1st quarter. BNP Paribas Financial Markets now owns 6,266 shares of the company’s stock worth $635,000 after buying an additional 116 shares during the period. Empowered Funds LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF in the 1st quarter worth $1,036,000. QRG Capital Management Inc. acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 1st quarter worth $243,000. Russell Investments Group Ltd. lifted its position in ProShares S&P 500 Aristocrats ETF by 98.8% in the first quarter. Russell Investments Group Ltd. now owns 515 shares of the company’s stock valued at $52,000 after buying an additional 256 shares during the last quarter. Finally, US Bancorp DE increased its stake in ProShares S&P 500 Aristocrats ETF by 0.7% during the first quarter. US Bancorp DE now owns 74,920 shares of the company’s stock worth $7,598,000 after purchasing an additional 488 shares during the period.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of NOBL stock traded up $0.36 during trading hours on Tuesday, reaching $106.85. 362,867 shares of the stock were exchanged. The firm has a market capitalization of $12.98 billion, a P/E 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 business’s fifty day moving average is $105.54 and its two-hundred day moving average is $101.21.

ProShares S&P 500 Aristocrats ETF 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.