Arkadios Wealth Advisors Has $549,000 Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Arkadios Wealth Advisors decreased its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 12.6% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 5,377 shares of the company’s stock after selling 772 shares during the period. Arkadios Wealth Advisors’ holdings in ProShares S&P 500 Aristocrats ETF were worth $549,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Asset Management One Co. Ltd. lifted its holdings in ProShares S&P 500 Aristocrats ETF by 95.1% in the first quarter. Asset Management One Co. Ltd. now owns 1,110 shares of the company’s stock valued at $113,000 after buying an additional 541 shares during the period. GAMMA Investing LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 192.8% in the first quarter. GAMMA Investing LLC now owns 1,215 shares of the company’s stock valued at $124,000 after buying an additional 800 shares during the period. Brown Advisory Inc. increased its stake in ProShares S&P 500 Aristocrats ETF by 30.3% in the first quarter. Brown Advisory Inc. now owns 6,743 shares of the company’s stock valued at $689,000 after purchasing an additional 1,569 shares in the last quarter. AE Wealth Management LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 61.5% during the first quarter. AE Wealth Management LLC now owns 4,161 shares of the company’s stock valued at $425,000 after purchasing an additional 1,584 shares during the period. Finally, Bank of New York Mellon Corp raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 49.7% during the first quarter. Bank of New York Mellon Corp now owns 16,311 shares of the company’s stock valued at $1,667,000 after purchasing an additional 5,417 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Up 2.9%

Shares of BATS NOBL opened at $102.18 on Tuesday. The firm’s 50-day moving average price is $101.40 and its 200-day moving average price is $100.58. ProShares S&P 500 Aristocrats ETF has a 1-year low of $89.76 and a 1-year high of $108.79. The firm has a market capitalization of $11.59 billion, a P/E ratio of 21.15 and a beta of 0.87.

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.