Mutual Advisors LLC Reduces Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Mutual Advisors LLC cut its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.5% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 47,029 shares of the company’s stock after selling 256 shares during the period. Mutual Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $4,566,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of NOBL. Latitude Advisors LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 10.8% during the first quarter. Latitude Advisors LLC now owns 6,020 shares of the company’s stock worth $615,000 after purchasing an additional 588 shares during the last quarter. Strategic Financial Concepts LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 16.2% in the 1st quarter. Strategic Financial Concepts LLC now owns 71,647 shares of the company’s stock valued at $7,321,000 after purchasing an additional 10,008 shares during the period. Redmont Wealth Advisors LLC grew its stake in ProShares S&P 500 Aristocrats ETF by 1.7% during the 1st quarter. Redmont Wealth Advisors LLC now owns 46,959 shares of the company’s stock worth $4,798,000 after buying an additional 796 shares during the last quarter. RoundAngle Advisors LLC increased its position in ProShares S&P 500 Aristocrats ETF by 3.0% during the first quarter. RoundAngle Advisors LLC now owns 44,915 shares of the company’s stock worth $4,589,000 after buying an additional 1,303 shares during the period. Finally, Astoria Portfolio Advisors LLC. acquired a new position in ProShares S&P 500 Aristocrats ETF during the first quarter worth approximately $441,000.

ProShares S&P 500 Aristocrats ETF Trading Up 2.6%

Shares of BATS NOBL opened at $101.83 on Friday. The stock has a market cap of $11.55 billion, a P/E ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a twelve month low of $89.76 and a twelve month high of $108.79. The stock has a 50 day moving average of $99.79 and a two-hundred day moving average of $100.16.

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.