ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Shares Sold by Summit Financial Wealth Advisors LLC

Summit Financial Wealth Advisors LLC decreased its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.9% in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 216,712 shares of the company’s stock after selling 4,211 shares during the quarter. ProShares S&P 500 Aristocrats ETF comprises about 4.7% of Summit Financial Wealth Advisors LLC’s holdings, making the stock its 5th largest position. Summit Financial Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $20,432,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in NOBL. ProVise Management Group LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the 1st quarter valued at about $531,000. Main Street Financial Solutions LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 17.3% during the 1st quarter. Main Street Financial Solutions LLC now owns 12,363 shares of the company’s stock valued at $1,128,000 after acquiring an additional 1,819 shares during the last quarter. Gallagher Benefit Services Inc. acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth approximately $207,000. Creative Planning increased its position in ProShares S&P 500 Aristocrats ETF by 13.4% during the 4th quarter. Creative Planning now owns 82,911 shares of the company’s stock worth $7,461,000 after purchasing an additional 9,771 shares in the last quarter. Finally, Wells Fargo & Company MN increased its position in ProShares S&P 500 Aristocrats ETF by 14.7% during the 4th quarter. Wells Fargo & Company MN now owns 2,016,705 shares of the company’s stock worth $181,483,000 after purchasing an additional 258,238 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

NOBL traded down $0.20 on Tuesday, reaching $92.64. 716,064 shares of the company’s stock were exchanged. The company’s 50 day moving average is $94.64 and its 200-day moving average is $92.32. The company has a market cap of $11.45 billion, a price-to-earnings ratio of 17.72 and a beta of 0.89. ProShares S&P 500 Aristocrats ETF has a twelve month low of $55.69 and a twelve month high of $67.97.

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.