ProShares S&P 500 Aristocrats ETF $NOBL Shares Sold by Three Cord True Wealth Management LLC

Three Cord True Wealth Management LLC cut its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.3% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 32,177 shares of the company’s stock after selling 1,441 shares during the quarter. ProShares S&P 500 Aristocrats ETF comprises 5.9% of Three Cord True Wealth Management LLC’s portfolio, making the stock its 5th biggest holding. Three Cord True Wealth Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,240,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Dunhill Financial LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 1st quarter valued at approximately $26,000. Iron Horse Wealth Management LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 1st quarter valued at approximately $34,000. Cheviot Value Management LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 1st quarter valued at approximately $34,000. Maseco LLP acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at approximately $34,000. Finally, Hilltop National Bank acquired a new position in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth approximately $46,000.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL stock opened at $103.77 on Friday. The company has a 50 day simple moving average of $103.66 and a 200 day simple moving average of $101.10. The stock has a market cap of $11.77 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year high of $108.79.

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.