Anchor Investment Management LLC Sells 353 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Anchor Investment Management LLC decreased its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The firm owned 14,370 shares of the company’s stock after selling 353 shares during the period. Anchor Investment Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,431,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Mountain Hill Investment Partners Corp. bought a new stake in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at about $26,000. Farmers & Merchants Investments Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at approximately $40,000. Decker Retirement Planning Inc. purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at approximately $45,000. Redwood Park Advisors LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter worth approximately $45,000. Finally, Sugar Maple Asset Management LLC purchased a new position in ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at approximately $53,000.

ProShares S&P 500 Aristocrats ETF Price Performance

BATS:NOBL opened at $96.78 on Wednesday. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year high of $108.79. The stock’s fifty day moving average price is $100.49 and its two-hundred day moving average price is $102.74. The company has a market cap of $11.16 billion, a P/E ratio of 22.95 and a beta of 0.87.

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.