Freestone Capital Holdings LLC Reduces Position in ProShares S&P 500 Aristocrats ETF $NOBL

Freestone Capital Holdings LLC decreased its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 21.5% in the second quarter, Holdings Channel.com reports. The institutional investor owned 3,169 shares of the company’s stock after selling 868 shares during the quarter. Freestone Capital Holdings LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $319,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the business. Iron Horse Wealth Management LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the first quarter worth $34,000. Cheviot Value Management LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the first quarter worth $34,000. Maseco LLP acquired a new position in ProShares S&P 500 Aristocrats ETF during the second quarter worth $34,000. Hilltop National Bank acquired a new position in ProShares S&P 500 Aristocrats ETF during the second quarter worth $46,000. Finally, UMB Bank n.a. acquired a new position in ProShares S&P 500 Aristocrats ETF during the second quarter worth $48,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

BATS NOBL opened at $101.04 on Wednesday. The stock’s fifty day moving average is $103.09 and its two-hundred day moving average is $101.82. The firm has a market capitalization of $11.46 billion, a P/E ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $89.76 and a fifty-two week high of $108.79.

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.