Commonwealth Equity Services LLC Reduces Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Commonwealth Equity Services LLC lowered its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 5.0% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 866,196 shares of the company’s stock after selling 45,165 shares during the quarter. Commonwealth Equity Services LLC owned approximately 0.76% of ProShares S&P 500 Aristocrats ETF worth $87,226,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also modified their holdings of NOBL. Atlantic Union Bankshares Corp acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth $211,000. Moors & Cabot Inc. boosted its stake in ProShares S&P 500 Aristocrats ETF by 4.0% in the second quarter. Moors & Cabot Inc. now owns 27,906 shares of the company’s stock valued at $2,810,000 after acquiring an additional 1,080 shares in the last quarter. Cassaday & Co Wealth Management LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 7.4% during the second quarter. Cassaday & Co Wealth Management LLC now owns 661,070 shares of the company’s stock worth $66,570,000 after purchasing an additional 45,410 shares during the last quarter. Pacific Wealth Strategies Group Inc. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 26.7% during the second quarter. Pacific Wealth Strategies Group Inc. now owns 180,286 shares of the company’s stock worth $18,348,000 after purchasing an additional 38,036 shares during the last quarter. Finally, Westside Investment Management Inc. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the second quarter worth about $244,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

ProShares S&P 500 Aristocrats ETF stock opened at $100.88 on Friday. The company has a market capitalization of $11.44 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. The stock has a 50-day simple moving average of $102.93 and a 200-day simple moving average of $101.81.

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.