IFG Advisory LLC Sells 32,266 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

IFG Advisory LLC reduced its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 8.2% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 362,548 shares of the company’s stock after selling 32,266 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for about 1.7% of IFG Advisory LLC’s portfolio, making the stock its 6th largest holding. IFG Advisory LLC owned 0.32% of ProShares S&P 500 Aristocrats ETF worth $37,368,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in NOBL. Nvwm LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 446.7% during the third quarter. Nvwm LLC now owns 246 shares of the company’s stock worth $25,000 after purchasing an additional 201 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the second quarter worth $29,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the second quarter worth $35,000. Grey Fox Wealth Advisors LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at about $40,000. Finally, Franklin Resources Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the second quarter worth about $59,000.

ProShares S&P 500 Aristocrats ETF Trading Down 0.5%

NOBL opened at $112.53 on Thursday. ProShares S&P 500 Aristocrats ETF has a twelve month low of $89.76 and a twelve month high of $115.31. The firm has a market capitalization of $12.76 billion, a PE ratio of 21.15 and a beta of 0.87. The firm’s 50-day moving average price is $110.14 and its 200 day moving average price is $105.84.

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.