ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Shares Sold by Envestnet Asset Management Inc.

Envestnet Asset Management Inc. cut its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 285,636 shares of the company’s stock after selling 12,297 shares during the quarter. Envestnet Asset Management Inc. owned 0.25% of ProShares S&P 500 Aristocrats ETF worth $29,186,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in ProShares S&P 500 Aristocrats ETF by 3.9% in the fourth quarter. Bank of America Corp DE now owns 4,507,757 shares of the company’s stock worth $448,747,000 after purchasing an additional 167,936 shares in the last quarter. GAMMA Investing LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 29,815.4% during the 1st quarter. GAMMA Investing LLC now owns 124,149 shares of the company’s stock worth $12,686,000 after buying an additional 123,734 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of ProShares S&P 500 Aristocrats ETF by 38.1% in the 4th quarter. JPMorgan Chase & Co. now owns 248,673 shares of the company’s stock worth $24,755,000 after acquiring an additional 68,564 shares in the last quarter. Connecticut Wealth Management LLC increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 109.0% in the 4th quarter. Connecticut Wealth Management LLC now owns 131,350 shares of the company’s stock valued at $13,076,000 after acquiring an additional 68,508 shares during the last quarter. Finally, LPL Financial LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 2.1% during the 4th quarter. LPL Financial LLC now owns 3,202,566 shares of the company’s stock valued at $318,815,000 after acquiring an additional 67,046 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 3.6%

Shares of BATS NOBL opened at $102.78 on Tuesday. The company has a market cap of $11.66 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. The stock’s 50 day simple moving average is $100.47 and its 200 day simple moving average is $100.20. ProShares S&P 500 Aristocrats ETF has a 12-month low of $89.76 and a 12-month high of $108.79.

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.