First City Capital Management Inc. Sells 170 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

First City Capital Management Inc. reduced its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 3.4% during the 3rd quarter, Holdings Channel.com reports. The firm owned 4,815 shares of the company’s stock after selling 170 shares during the quarter. First City Capital Management Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $514,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Strategic Financial Concepts LLC grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 5,774.4% during the second quarter. Strategic Financial Concepts LLC now owns 2,788,829 shares of the company’s stock valued at $2,504,000 after purchasing an additional 2,741,355 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 0.6% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,228,667 shares of the company’s stock valued at $131,172,000 after acquiring an additional 7,798 shares during the last quarter. Commonwealth Equity Services LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 1.5% in the second quarter. Commonwealth Equity Services LLC now owns 1,140,087 shares of the company’s stock valued at $109,597,000 after acquiring an additional 16,856 shares during the last quarter. International Assets Investment Management LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 10,658.8% in the third quarter. International Assets Investment Management LLC now owns 912,564 shares of the company’s stock valued at $97,425,000 after acquiring an additional 904,082 shares during the last quarter. Finally, Raymond James & Associates boosted its stake in ProShares S&P 500 Aristocrats ETF by 48.7% in the second quarter. Raymond James & Associates now owns 898,130 shares of the company’s stock valued at $86,337,000 after acquiring an additional 294,186 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of NOBL stock opened at $105.53 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97. The stock has a market cap of $12.82 billion, a PE ratio of 20.81 and a beta of 0.68. The firm’s 50 day moving average price is $105.73 and its two-hundred day moving average price is $101.52.

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.