Commonwealth Equity Services LLC Cuts Stake in ProShares S&P 500 Aristocrats ETF $NOBL

Commonwealth Equity Services LLC lessened its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 10.2% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 777,652 shares of the company’s stock after selling 88,544 shares during the quarter. Commonwealth Equity Services LLC owned 0.69% of ProShares S&P 500 Aristocrats ETF worth $80,153,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also added to or reduced their stakes in NOBL. Financial Partners Group LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 56.5% during the second quarter. Financial Partners Group LLC now owns 93,466 shares of the company’s stock valued at $9,412,000 after acquiring an additional 33,743 shares in the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.2% during the 3rd quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,307,923 shares of the company’s stock valued at $134,808,000 after purchasing an additional 15,433 shares in the last quarter. Caldwell Trust Co purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the second quarter valued at about $4,588,000. GAMMA Investing LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 29.6% in the second quarter. GAMMA Investing LLC now owns 1,575 shares of the company’s stock worth $159,000 after buying an additional 360 shares in the last quarter. Finally, Y Intercept Hong Kong Ltd purchased a new stake in ProShares S&P 500 Aristocrats ETF in the second quarter worth about $219,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

ProShares S&P 500 Aristocrats ETF stock opened at $105.10 on Tuesday. 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 stock’s 50 day simple moving average is $103.72 and its two-hundred day simple moving average is $103.28. The stock has a market cap of $11.92 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87.

ProShares S&P 500 Aristocrats ETF 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.