WealthPLAN Partners LLC Cuts Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

WealthPLAN Partners LLC lessened its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 48.0% during the third quarter, Holdings Channel reports. The firm owned 9,989 shares of the company’s stock after selling 9,225 shares during the period. WealthPLAN Partners LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,066,000 at the end of the most recent quarter.

Several other institutional investors also recently made changes to their positions in the stock. Daiwa Securities Group Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter worth about $25,000. Wolff Wiese Magana LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 147.0% during the third quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after buying an additional 147 shares in the last quarter. American National Bank purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth $27,000. GAMMA Investing LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at about $44,000. Finally, Russell Investments Group Ltd. lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 98.8% during the first quarter. Russell Investments Group Ltd. now owns 515 shares of the company’s stock worth $52,000 after purchasing an additional 256 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of ProShares S&P 500 Aristocrats ETF stock opened at $106.85 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The business has a 50-day moving average of $105.50 and a 200-day moving average of $101.14. The company has a market capitalization of $12.98 billion, a PE ratio of 20.81 and a beta of 0.68.

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.