Prime Capital Investment Advisors LLC Decreases Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Prime Capital Investment Advisors LLC reduced its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 67.7% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 55,403 shares of the company’s stock after selling 116,016 shares during the period. Prime Capital Investment Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $5,579,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently bought and sold shares of the company. RB Capital Management LLC boosted its position in ProShares S&P 500 Aristocrats ETF by 4.8% in the first quarter. RB Capital Management LLC now owns 2,470 shares of the company’s stock worth $252,000 after purchasing an additional 114 shares during the last quarter. Bison Wealth LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.3% in the 4th quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock worth $937,000 after purchasing an additional 121 shares during the period. Bay Colony Advisory Group Inc d b a Bay Colony Advisors boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 4.1% in the first quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,130 shares of the company’s stock worth $316,000 after buying an additional 122 shares during the last quarter. Cherry Creek Investment Advisors Inc. grew its position in ProShares S&P 500 Aristocrats ETF by 2.8% during the first quarter. Cherry Creek Investment Advisors Inc. now owns 4,692 shares of the company’s stock valued at $479,000 after buying an additional 126 shares during the period. Finally, Red Crane Wealth Management LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 2.1% during the first quarter. Red Crane Wealth Management LLC now owns 6,571 shares of the company’s stock valued at $671,000 after buying an additional 133 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of ProShares S&P 500 Aristocrats ETF stock opened at $103.48 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 1-year low of $89.76 and a 1-year high of $108.79. The company’s fifty day simple moving average is $103.66 and its 200-day simple moving average is $101.11. The stock has a market capitalization of $11.73 billion, a PE 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.