ProShares S&P 500 Aristocrats ETF $NOBL Shares Sold by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC lessened its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 46.9% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 266,181 shares of the company’s stock after selling 235,165 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for about 1.8% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 16th largest position. Summit Financial Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $14,400,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Cliftonlarsonallen Wealth Advisors LLC raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 0.3% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,696,373 shares of the company’s stock worth $145,874,000 after acquiring an additional 8,769 shares during the last quarter. Rockland Trust Co. grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.0% during the third quarter. Rockland Trust Co. now owns 1,513,402 shares of the company’s stock valued at $81,875,000 after purchasing an additional 15,101 shares during the last quarter. Baird Financial Group Inc. grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 100.9% during the second quarter. Baird Financial Group Inc. now owns 725,687 shares of the company’s stock valued at $40,755,000 after purchasing an additional 364,452 shares during the last quarter. Envestnet Asset Management Inc. grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 100.1% during the second quarter. Envestnet Asset Management Inc. now owns 456,871 shares of the company’s stock valued at $25,658,000 after purchasing an additional 228,526 shares during the last quarter. Finally, Tidal Investments LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the second quarter valued at approximately $22,128,000.

ProShares S&P 500 Aristocrats ETF Trading Up 1.3%

Shares of ProShares S&P 500 Aristocrats ETF stock traded up $0.71 during midday trading on Thursday, reaching $56.86. The company had a trading volume of 871,667 shares, compared to its average volume of 1,272,564. The stock has a fifty day simple moving average of $56.72 and a 200 day simple moving average of $55.56. ProShares S&P 500 Aristocrats ETF has a 1-year low of $50.12 and a 1-year high of $59.30. The company has a market capitalization of $6.45 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87.

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.