Envestnet Asset Management Inc. Sells 17,451 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Envestnet Asset Management Inc. lowered its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.3% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 386,751 shares of the company’s stock after selling 17,451 shares during the quarter. Envestnet Asset Management Inc. owned approximately 0.32% of ProShares S&P 500 Aristocrats ETF worth $37,178,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. KFA Private Wealth Group LLC increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 82.7% in the first quarter. KFA Private Wealth Group LLC now owns 8,450 shares of the company’s stock valued at $857,000 after purchasing an additional 3,826 shares in the last quarter. Red Mountain Financial LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at $336,000. CFS Investment Advisory Services LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 15.8% in the 4th quarter. CFS Investment Advisory Services LLC now owns 146,015 shares of the company’s stock valued at $13,901,000 after buying an additional 19,898 shares during the period. Harvest Investment Services LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 2.8% during the fourth quarter. Harvest Investment Services LLC now owns 44,230 shares of the company’s stock worth $4,211,000 after acquiring an additional 1,195 shares during the last quarter. Finally, Pinnacle Holdings LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 66.9% during the fourth quarter. Pinnacle Holdings LLC now owns 2,620 shares of the company’s stock valued at $249,000 after acquiring an additional 1,050 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Down 0.4 %

ProShares S&P 500 Aristocrats ETF stock opened at $105.50 on Friday. The stock has a market cap of $12.81 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 12-month low of $55.69 and a 12-month high of $67.97. The business’s 50-day simple moving average is $102.02 and its 200 day simple moving average is $99.38.

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.