Sovereign Financial Group Inc. Has $457,000 Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Sovereign Financial Group Inc. reduced its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 3.9% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 4,506 shares of the company’s stock after selling 184 shares during the period. Sovereign Financial Group Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $457,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in NOBL. Valued Wealth Advisors LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter worth $28,000. Pineridge Advisors LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter worth about $36,000. Mather Group LLC. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 1st quarter valued at about $43,000. Global Trust Asset Management LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at about $49,000. Finally, Versant Capital Management Inc raised its stake in ProShares S&P 500 Aristocrats ETF by 54,200.0% during the 4th quarter. Versant Capital Management Inc now owns 543 shares of the company’s stock worth $52,000 after buying an additional 542 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS:NOBL opened at $96.27 on Friday. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97. The business’s 50 day simple moving average is $97.82 and its two-hundred day simple moving average is $96.87. The firm has a market cap of $11.69 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Company 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.