JPMorgan Chase & Co. Sells 70,756 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

JPMorgan Chase & Co. reduced its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 40.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 104,177 shares of the company’s stock after selling 70,756 shares during the quarter. JPMorgan Chase & Co.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $10,738,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also bought and sold shares of the stock. Bison Wealth LLC grew its stake in ProShares S&P 500 Aristocrats ETF by 1.3% in the 4th quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock worth $937,000 after buying an additional 121 shares in the last quarter. AQR Capital Management LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 6.3% during the 1st quarter. AQR Capital Management LLC now owns 36,442 shares of the company’s stock valued at $3,724,000 after buying an additional 2,171 shares in the last quarter. Jane Street Group LLC purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 1st quarter valued at $481,000. Franklin Resources Inc. bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth $59,000. Finally, Elevation Point Wealth Partners LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth $35,000.

ProShares S&P 500 Aristocrats ETF Stock Down 0.6%

NOBL opened at $104.57 on Friday. The business’s fifty day simple moving average is $110.43 and its 200 day simple moving average is $106.14. ProShares S&P 500 Aristocrats ETF has a 52 week low of $89.76 and a 52 week high of $115.31. The stock has a market cap of $11.86 billion, a PE 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.