Financial Partners Group LLC Lowers Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Financial Partners Group LLC reduced its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 4.8% in the fourth quarter, HoldingsChannel reports. The institutional investor owned 55,479 shares of the company’s stock after selling 2,771 shares during the period. ProShares S&P 500 Aristocrats ETF makes up about 2.3% of Financial Partners Group LLC’s holdings, making the stock its 14th largest holding. Financial Partners Group LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $5,523,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Wolff Wiese Magana LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 147.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after buying an additional 147 shares in the last quarter. GAMMA Investing LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at $44,000. Decker Retirement Planning Inc. bought a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter worth $45,000. Sugar Maple Asset Management LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at $53,000. Finally, TD Private Client Wealth LLC bought a new position in ProShares S&P 500 Aristocrats ETF during the third quarter valued at $65,000.

ProShares S&P 500 Aristocrats ETF Trading Up 2.4 %

Shares of BATS:NOBL opened at $101.64 on Friday. The company has a market cap of $12.34 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The company has a 50-day moving average price of $102.97 and a 200 day moving average price of $103.19.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a $0.5863 dividend. The ex-dividend date of this dividend was Monday, December 23rd.

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.