Mutual Advisors LLC Sells 25,834 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

Mutual Advisors LLC decreased its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 54.9% during the second quarter, HoldingsChannel reports. The institutional investor owned 21,195 shares of the company’s stock after selling 25,834 shares during the period. Mutual Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,219,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Asset Management One Co. Ltd. boosted its holdings in ProShares S&P 500 Aristocrats ETF by 95.1% during the 1st quarter. Asset Management One Co. Ltd. now owns 1,110 shares of the company’s stock valued at $113,000 after acquiring an additional 541 shares during the period. GAMMA Investing LLC lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 192.8% during the first quarter. GAMMA Investing LLC now owns 1,215 shares of the company’s stock worth $124,000 after purchasing an additional 800 shares during the last quarter. Brown Advisory Inc. lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 30.3% during the first quarter. Brown Advisory Inc. now owns 6,743 shares of the company’s stock worth $689,000 after purchasing an additional 1,569 shares during the last quarter. AE Wealth Management LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 61.5% during the first quarter. AE Wealth Management LLC now owns 4,161 shares of the company’s stock valued at $425,000 after purchasing an additional 1,584 shares during the period. Finally, Bank of New York Mellon Corp grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 49.7% in the first quarter. Bank of New York Mellon Corp now owns 16,311 shares of the company’s stock worth $1,667,000 after purchasing an additional 5,417 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL stock opened at $101.45 on Friday. ProShares S&P 500 Aristocrats ETF has a 12 month low of $89.76 and a 12 month high of $108.79. The firm’s 50-day moving average is $103.65 and its 200 day moving average is $101.17. The company has a market capitalization of $11.50 billion, a PE ratio of 21.15 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.