ProVise Management Group LLC Cuts Stock Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

ProVise Management Group LLC lessened its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 5.8% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 4,073 shares of the company’s stock after selling 250 shares during the period. ProVise Management Group LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $405,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the stock. Thrivent Financial for Lutherans acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at $271,000. MAI Capital Management increased its position in ProShares S&P 500 Aristocrats ETF by 6.8% during the third quarter. MAI Capital Management now owns 29,534 shares of the company’s stock worth $3,153,000 after purchasing an additional 1,888 shares during the last quarter. Strategy Asset Managers LLC increased its position in ProShares S&P 500 Aristocrats ETF by 8.9% during the third quarter. Strategy Asset Managers LLC now owns 3,206 shares of the company’s stock worth $342,000 after purchasing an additional 261 shares during the last quarter. Moors & Cabot Inc. increased its position in shares of ProShares S&P 500 Aristocrats ETF by 7.5% during the third quarter. Moors & Cabot Inc. now owns 22,477 shares of the company’s stock valued at $2,400,000 after acquiring an additional 1,577 shares during the last quarter. Finally, LPL Financial LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 4.1% during the third quarter. LPL Financial LLC now owns 3,135,520 shares of the company’s stock valued at $334,748,000 after acquiring an additional 124,305 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of NOBL stock opened at $101.91 on Thursday. The stock has a market capitalization of $11.71 billion, a P/E ratio of 22.78 and a beta of 0.91. The company has a 50 day moving average price of $101.76 and a 200 day moving average price of $103.72. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $94.83 and a fifty-two week high of $108.79.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The firm also recently disclosed a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a $0.5863 dividend. The ex-dividend date was Monday, December 23rd.

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.