LPL Financial LLC Reduces Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

LPL Financial LLC reduced its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 3,116,650 shares of the company’s stock after selling 89,087 shares during the period. LPL Financial LLC owned about 2.75% of ProShares S&P 500 Aristocrats ETF worth $324,350,000 at the end of the most recent quarter.

Several other large investors have also made changes to their positions in NOBL. MCF Advisors LLC purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at $26,000. Qube Research & Technologies Ltd purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at $29,000. Nemes Rush Group LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 627.5% in the 3rd quarter. Nemes Rush Group LLC now owns 291 shares of the company’s stock valued at $30,000 after acquiring an additional 251 shares during the last quarter. TFC Financial Management Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at $30,000. Finally, First Command Advisory Services Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at $45,000.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL stock opened at $54.14 on Tuesday. The firm’s fifty day simple moving average is $53.62 and its 200-day simple moving average is $53.88. The company has a market capitalization of $6.14 billion, a P/E ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12 month low of $49.41 and a 12 month high of $57.65.

About ProShares S&P 500 Aristocrats ETF

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.