Mutual Advisors LLC Decreases Stock Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Mutual Advisors LLC lowered its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 6.9% during the fourth quarter, HoldingsChannel reports. The firm owned 47,285 shares of the company’s stock after selling 3,525 shares during the period. Mutual Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $4,765,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Janney Montgomery Scott LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 3.7% in the fourth quarter. Janney Montgomery Scott LLC now owns 536,744 shares of the company’s stock worth $53,433,000 after acquiring an additional 18,920 shares in the last quarter. Redmont Wealth Advisors LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 4.9% during the 4th quarter. Redmont Wealth Advisors LLC now owns 46,163 shares of the company’s stock worth $4,596,000 after purchasing an additional 2,140 shares during the last quarter. ForthRight Wealth Management LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 1.6% in the 4th quarter. ForthRight Wealth Management LLC now owns 338,784 shares of the company’s stock valued at $33,726,000 after purchasing an additional 5,284 shares in the last quarter. Proquility Private Wealth Partners LLC boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 1,298.1% during the 4th quarter. Proquility Private Wealth Partners LLC now owns 77,539 shares of the company’s stock valued at $7,719,000 after buying an additional 71,993 shares during the last quarter. Finally, Atomi Financial Group Inc. grew its position in shares of ProShares S&P 500 Aristocrats ETF by 3.2% during the fourth quarter. Atomi Financial Group Inc. now owns 14,852 shares of the company’s stock worth $1,478,000 after buying an additional 457 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL opened at $101.64 on Friday. ProShares S&P 500 Aristocrats ETF has a 12-month low of $55.69 and a 12-month high of $67.97. The stock has a market capitalization of $12.34 billion, a PE ratio of 20.81 and a beta of 0.68. The firm’s fifty day moving average price is $102.97 and its 200 day moving average price is $103.19.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Stockholders of record on Monday, December 23rd were paid a $0.5863 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.