Thoroughbred Financial Services LLC Trims Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Thoroughbred Financial Services LLC lowered its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 43.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 26,784 shares of the company’s stock after selling 20,876 shares during the period. Thoroughbred Financial Services LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,787,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Qube Research & Technologies Ltd acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at approximately $29,000. Nemes Rush Group LLC increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 627.5% in the third quarter. Nemes Rush Group LLC now owns 291 shares of the company’s stock valued at $30,000 after purchasing an additional 251 shares during the period. TFC Financial Management Inc. acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at approximately $30,000. Aventura Private Wealth LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at approximately $46,000. Finally, Kelleher Financial Advisors acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at approximately $49,000.

ProShares S&P 500 Aristocrats ETF Trading Up 0.1%

BATS:NOBL opened at $53.99 on Friday. The firm has a market cap of $6.12 billion, a P/E ratio of 21.15 and a beta of 0.87. The stock’s 50 day simple moving average is $105.81 and its 200-day simple moving average is $107.13. ProShares S&P 500 Aristocrats ETF has a 12-month low of $49.41 and a 12-month high of $57.65.

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.