ProVise Management Group LLC Sells 1,021 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

ProVise Management Group LLC decreased its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 25.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 3,014 shares of the company’s stock after selling 1,021 shares during the period. ProVise Management Group LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $290,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of NOBL. Strategic Financial Concepts LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 5,774.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,788,829 shares of the company’s stock valued at $2,504,000 after purchasing an additional 2,741,355 shares during the period. Global Assets Advisory LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 8,840.4% in the first quarter. Global Assets Advisory LLC now owns 937,760 shares of the company’s stock valued at $95,098,000 after acquiring an additional 927,271 shares during the period. Cetera Investment Advisers grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 385.4% in the first quarter. Cetera Investment Advisers now owns 482,921 shares of the company’s stock worth $48,973,000 after acquiring an additional 383,429 shares during the last quarter. Raymond James & Associates increased its position in ProShares S&P 500 Aristocrats ETF by 48.7% during the second quarter. Raymond James & Associates now owns 898,130 shares of the company’s stock worth $86,337,000 after acquiring an additional 294,186 shares during the period. Finally, Proquility Private Wealth Partners LLC raised its stake in ProShares S&P 500 Aristocrats ETF by 799.9% during the 4th quarter. Proquility Private Wealth Partners LLC now owns 109,954 shares of the company’s stock valued at $10,468,000 after purchasing an additional 97,735 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

BATS NOBL opened at $105.50 on Friday. The company’s fifty day moving average is $102.02 and its two-hundred day moving average is $99.38. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97. The firm has a market capitalization of $12.81 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

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.