Capital Advisors Wealth Management LLC Cuts Position in ProShares S&P 500 Aristocrats ETF $NOBL

Capital Advisors Wealth Management LLC decreased its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 64.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,650 shares of the company’s stock after selling 4,846 shares during the period. Capital Advisors Wealth Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $273,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in NOBL. CWM LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 137.5% during the 3rd quarter. CWM LLC now owns 16,078 shares of the company’s stock valued at $1,657,000 after purchasing an additional 9,309 shares during the last quarter. Clayton Financial Group LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the 3rd quarter worth approximately $63,000. Whitener Capital Management Inc. boosted its stake in ProShares S&P 500 Aristocrats ETF by 7.2% in the third quarter. Whitener Capital Management Inc. now owns 5,080 shares of the company’s stock worth $524,000 after buying an additional 343 shares in the last quarter. Cushing Capital Partners LLC grew its position in ProShares S&P 500 Aristocrats ETF by 5.3% during the third quarter. Cushing Capital Partners LLC now owns 27,213 shares of the company’s stock valued at $2,805,000 after acquiring an additional 1,358 shares during the last quarter. Finally, Tactive Advisors LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 28.6% during the third quarter. Tactive Advisors LLC now owns 23,022 shares of the company’s stock worth $2,373,000 after acquiring an additional 5,126 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of NOBL opened at $105.14 on Friday. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $89.76 and a fifty-two week high of $108.79. The firm has a market cap of $11.92 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. The firm has a 50 day moving average price of $103.54 and a 200-day moving average price of $103.04.

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.