Summit Financial Wealth Advisors LLC Sells 299 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Summit Financial Wealth Advisors LLC lessened its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.1% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 237,105 shares of the company’s stock after selling 299 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for about 4.7% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 6th biggest position. Summit Financial Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $25,313,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently modified their holdings of the stock. Private Trust Co. NA lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 8.4% during the 3rd quarter. Private Trust Co. NA now owns 5,382 shares of the company’s stock worth $575,000 after acquiring an additional 416 shares during the period. Bedell Frazier Investment Counselling LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the third quarter worth $232,000. Cerity Partners LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 10.5% in the 3rd quarter. Cerity Partners LLC now owns 347,266 shares of the company’s stock valued at $37,074,000 after purchasing an additional 32,967 shares in the last quarter. Meridian Wealth Management LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 2.1% in the 3rd quarter. Meridian Wealth Management LLC now owns 8,423 shares of the company’s stock valued at $899,000 after purchasing an additional 175 shares during the last quarter. Finally, Citigroup Inc. raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 26.3% during the 3rd quarter. Citigroup Inc. now owns 94,239 shares of the company’s stock worth $10,061,000 after buying an additional 19,641 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 0.9 %

BATS:NOBL opened at $107.94 on Tuesday. The firm has a market capitalization of $13.11 billion, a PE ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a twelve month low of $55.69 and a twelve month high of $67.97. The stock’s 50-day simple moving average is $105.89 and its 200 day simple moving average is $101.79.

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.