Janney Montgomery Scott LLC Decreases Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Janney Montgomery Scott LLC reduced its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 6.6% in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 501,359 shares of the company’s stock after selling 35,385 shares during the quarter. Janney Montgomery Scott LLC owned approximately 0.43% of ProShares S&P 500 Aristocrats ETF worth $51,229,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Northern Trust Corp increased its stake in ProShares S&P 500 Aristocrats ETF by 6.2% in the fourth quarter. Northern Trust Corp now owns 18,972 shares of the company’s stock valued at $1,889,000 after purchasing an additional 1,105 shares during the last quarter. JPMorgan Chase & Co. grew its position in shares of ProShares S&P 500 Aristocrats ETF by 38.1% in the 4th quarter. JPMorgan Chase & Co. now owns 248,673 shares of the company’s stock valued at $24,755,000 after buying an additional 68,564 shares during the last quarter. D. E. Shaw & Co. Inc. acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth $2,101,000. Millennium Management LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $294,000. Finally, TAP Consulting LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 5.3% in the fourth quarter. TAP Consulting LLC now owns 59,391 shares of the company’s stock valued at $5,912,000 after acquiring an additional 2,981 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of NOBL stock opened at $100.22 on Tuesday. The firm has a market cap of $11.46 billion, a price-to-earnings ratio of 22.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year high of $108.79. The stock’s 50-day moving average is $98.80 and its two-hundred day moving average is $100.67.

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.