Level Four Advisory Services LLC Sells 1,855 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Level Four Advisory Services LLC cut its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 18.2% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 8,326 shares of the company’s stock after selling 1,855 shares during the quarter. Level Four Advisory Services LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $829,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Mountain Hill Investment Partners Corp. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at $26,000. Farmers & Merchants Investments Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at about $40,000. Decker Retirement Planning Inc. bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter worth approximately $45,000. Sugar Maple Asset Management LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at approximately $53,000. Finally, Mainstream Capital Management LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at approximately $54,000.

ProShares S&P 500 Aristocrats ETF Trading Up 1.7 %

BATS:NOBL opened at $100.90 on Monday. The company has a market cap of $11.60 billion, a PE ratio of 22.78 and a beta of 0.91. The company has a 50 day simple moving average of $102.03 and a two-hundred day simple moving average of $103.58. ProShares S&P 500 Aristocrats ETF has a 12 month low of $94.83 and a 12 month high of $108.79.

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.