Summit Wealth Partners LLC Decreases Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Summit Wealth Partners LLC reduced its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 13.2% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 15,404 shares of the company’s stock after selling 2,352 shares during the period. Summit Wealth Partners LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,481,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of NOBL. Heritage Wealth Management Inc. acquired a new stake in ProShares S&P 500 Aristocrats ETF in the second quarter valued at $463,000. Sanctuary Advisors LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at about $36,464,000. Founders Financial Alliance LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 14.7% during the 2nd quarter. Founders Financial Alliance LLC now owns 2,182 shares of the company’s stock valued at $210,000 after acquiring an additional 280 shares in the last quarter. Cetera Investment Advisers raised its position in ProShares S&P 500 Aristocrats ETF by 5.8% during the second quarter. Cetera Investment Advisers now owns 511,042 shares of the company’s stock worth $49,127,000 after acquiring an additional 28,121 shares during the last quarter. Finally, Ted Buchan & Co purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at about $8,124,000.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of NOBL opened at $106.67 on Wednesday. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The stock has a market cap of $12.96 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The firm has a 50 day simple moving average of $102.99 and a 200-day simple moving average of $99.78.

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.