Cerity Partners LLC Trims Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Cerity Partners LLC reduced its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 8.2% during the 4th quarter, HoldingsChannel reports. The firm owned 318,841 shares of the company’s stock after selling 28,425 shares during the period. Cerity Partners LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $31,749,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of NOBL. Strategic Financial Concepts LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 12,704.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,822,998 shares of the company’s stock worth $380,579,000 after purchasing an additional 3,793,141 shares during the last quarter. LPL Financial LLC raised its position in ProShares S&P 500 Aristocrats ETF by 2.1% during the 4th quarter. LPL Financial LLC now owns 3,202,566 shares of the company’s stock worth $318,815,000 after buying an additional 67,046 shares during the last quarter. Raymond James Financial Inc. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter worth $223,255,000. Wells Fargo & Company MN boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 3.1% in the fourth quarter. Wells Fargo & Company MN now owns 2,107,134 shares of the company’s stock valued at $209,765,000 after acquiring an additional 62,595 shares in the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.8% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,238,395 shares of the company’s stock worth $123,282,000 after acquiring an additional 9,728 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Down 8.6 %

BATS NOBL opened at $90.70 on Wednesday. ProShares S&P 500 Aristocrats ETF has a 52-week low of $89.83 and a 52-week high of $108.79. The firm has a 50-day moving average price of $101.21 and a 200 day moving average price of $103.13. The stock has a market capitalization of $10.46 billion, a P/E ratio of 22.95 and a beta of 0.87.

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.