ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Stock Position Lessened by Acorn Wealth Advisors LLC

Acorn Wealth Advisors LLC reduced its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 9.6% during the fourth quarter, Holdings Channel.com reports. The firm owned 5,402 shares of the company’s stock after selling 572 shares during the period. Acorn Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $538,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the stock. Strategic Financial Concepts LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 12,704.4% during the 4th quarter. Strategic Financial Concepts LLC now owns 3,822,998 shares of the company’s stock worth $380,579,000 after buying an additional 3,793,141 shares in the last quarter. Yousif Capital Management LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at approximately $15,906,000. LPL Financial LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 4.1% during the third quarter. LPL Financial LLC now owns 3,135,520 shares of the company’s stock valued at $334,748,000 after acquiring an additional 124,305 shares during the period. Sumitomo Mitsui Trust Group Inc. raised its holdings in ProShares S&P 500 Aristocrats ETF by 161.1% during the fourth quarter. Sumitomo Mitsui Trust Group Inc. now owns 188,770 shares of the company’s stock worth $18,792,000 after purchasing an additional 116,470 shares in the last quarter. Finally, Mirae Asset Global Investments Co. Ltd. lifted its position in ProShares S&P 500 Aristocrats ETF by 98.3% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 180,820 shares of the company’s stock worth $18,082,000 after purchasing an additional 89,645 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS NOBL opened at $102.62 on Tuesday. ProShares S&P 500 Aristocrats ETF has a 1 year low of $55.69 and a 1 year high of $67.97. The stock has a fifty day moving average price of $101.00 and a two-hundred day moving average price of $103.69. The firm has a market cap of $12.46 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

The company also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were issued a dividend of $0.5863 per share. The ex-dividend date was Monday, December 23rd.

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.