ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Shares Sold by Cutter & CO Brokerage Inc.

Cutter & CO Brokerage Inc. reduced its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 9.2% in the 4th quarter, Holdings Channel.com reports. The fund owned 3,280 shares of the company’s stock after selling 334 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $312,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in the stock. Morgan Stanley lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 0.8% in the 3rd quarter. Morgan Stanley now owns 12,499,896 shares of the company’s stock worth $1,106,866,000 after buying an additional 100,735 shares during the last quarter. LPL Financial LLC lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 8.0% in the 3rd quarter. LPL Financial LLC now owns 2,985,543 shares of the company’s stock worth $264,370,000 after buying an additional 220,263 shares during the last quarter. Raymond James Financial Services Advisors Inc. lifted its position in ProShares S&P 500 Aristocrats ETF by 0.9% in the 3rd quarter. Raymond James Financial Services Advisors Inc. now owns 1,568,467 shares of the company’s stock valued at $138,888,000 after purchasing an additional 13,460 shares during the last quarter. Royal Bank of Canada lifted its position in ProShares S&P 500 Aristocrats ETF by 2.3% in the 3rd quarter. Royal Bank of Canada now owns 1,524,703 shares of the company’s stock valued at $135,013,000 after purchasing an additional 34,122 shares during the last quarter. Finally, Cliftonlarsonallen Wealth Advisors LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 0.5% in the 4th quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,189,256 shares of the company’s stock valued at $113,217,000 after purchasing an additional 5,334 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 0.2 %

BATS:NOBL traded up $0.20 during mid-day trading on Wednesday, hitting $97.84. The stock had a trading volume of 432,303 shares. The stock has a market capitalization of $11.94 billion, a price-to-earnings ratio of 21.27 and a beta of 0.73. The company has a 50 day simple moving average of $98.06 and a 200-day simple moving average of $93.86. ProShares S&P 500 Aristocrats ETF has a 52 week low of $55.69 and a 52 week high of $67.97.

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.