IAM Advisory LLC trimmed its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report) by 42.6% during the fourth quarter, according to its most recent 13F filing with the SEC. The fund owned 386,667 shares of the company’s stock after selling 286,540 shares during the period. ProShares S&P 500 Aristocrats ETF comprises approximately 8.9% of IAM Advisory LLC’s holdings, making the stock its 3rd largest holding. IAM Advisory LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $40,240,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Nvwm LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 446.7% during the third quarter. Nvwm LLC now owns 246 shares of the company’s stock valued at $25,000 after acquiring an additional 201 shares during the period. Qube Research & Technologies Ltd acquired a new stake in ProShares S&P 500 Aristocrats ETF in the second quarter worth about $29,000. Nemes Rush Group LLC increased its position in 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 worth $30,000 after purchasing an additional 251 shares during the period. Elevation Point Wealth Partners LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $35,000. Finally, Grey Fox Wealth Advisors LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth about $40,000.
ProShares S&P 500 Aristocrats ETF Trading Down 1.3%
Shares of BATS NOBL opened at $104.15 on Friday. The firm has a market capitalization of $11.81 billion, a PE ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year high of $115.31. The firm’s 50-day moving average is $110.79 and its 200-day moving average is $106.09.
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.
Further Reading
Want to see what other hedge funds are holding NOBL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares S&P 500 Aristocrats ETF (BATS:NOBL – Free Report).
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