Northwestern Mutual Wealth Management Co. Sells 42,797 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

Northwestern Mutual Wealth Management Co. lowered its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 24.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 128,918 shares of the company’s stock after selling 42,797 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $13,417,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Cliftonlarsonallen Wealth Advisors LLC boosted its position in ProShares S&P 500 Aristocrats ETF by 0.7% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,316,853 shares of the company’s stock valued at $137,045,000 after purchasing an additional 8,930 shares during the last quarter. Capitolis Liquid Global Markets LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at approximately $103,070,000. Rockland Trust Co. grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 5.1% in the fourth quarter. Rockland Trust Co. now owns 702,651 shares of the company’s stock valued at $73,125,000 after buying an additional 34,022 shares in the last quarter. BNP Paribas Financial Markets grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 24.0% in the second quarter. BNP Paribas Financial Markets now owns 400,200 shares of the company’s stock valued at $40,300,000 after buying an additional 77,488 shares in the last quarter. Finally, Carrera Capital Advisors increased its holdings in ProShares S&P 500 Aristocrats ETF by 0.6% during the fourth quarter. Carrera Capital Advisors now owns 333,532 shares of the company’s stock worth $34,711,000 after buying an additional 1,856 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Down 0.3%

BATS NOBL opened at $53.49 on Tuesday. The firm’s fifty day moving average price is $53.47 and its two-hundred day moving average price is $53.79. ProShares S&P 500 Aristocrats ETF has a 1 year low of $49.41 and a 1 year high of $57.65. The firm has a market capitalization of $6.07 billion, a P/E 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.