ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Shares Sold by Kraft Davis & Associates LLC

Kraft Davis & Associates LLC trimmed its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 10.2% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 91,003 shares of the company’s stock after selling 10,331 shares during the period. ProShares S&P 500 Aristocrats ETF comprises 2.6% of Kraft Davis & Associates LLC’s investment portfolio, making the stock its 12th biggest holding. Kraft Davis & Associates LLC owned approximately 0.07% of ProShares S&P 500 Aristocrats ETF worth $9,224,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Trek Financial LLC grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 9.7% during the 4th quarter. Trek Financial LLC now owns 19,134 shares of the company’s stock worth $1,905,000 after purchasing an additional 1,686 shares during the period. Russell Investments Group Ltd. grew its position in shares of ProShares S&P 500 Aristocrats ETF by 172.8% in the fourth quarter. Russell Investments Group Ltd. now owns 1,364 shares of the company’s stock valued at $136,000 after purchasing an additional 864 shares during the last quarter. Wells Fargo & Company MN increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 3.1% during the 4th quarter. Wells Fargo & Company MN now owns 2,107,134 shares of the company’s stock worth $209,765,000 after purchasing an additional 62,595 shares in the last quarter. Smith Moore & CO. increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 1.4% during the 4th quarter. Smith Moore & CO. now owns 148,117 shares of the company’s stock worth $14,745,000 after purchasing an additional 2,092 shares in the last quarter. Finally, Thoroughbred Financial Services LLC increased its position in ProShares S&P 500 Aristocrats ETF by 0.3% during the fourth quarter. Thoroughbred Financial Services LLC now owns 72,129 shares of the company’s stock worth $7,180,000 after buying an additional 214 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Down 8.6 %

Shares of BATS:NOBL opened at $90.70 on Wednesday. The company has a market capitalization of $10.46 billion, a P/E ratio of 22.95 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 52-week low of $89.83 and a 52-week high of $108.79. The stock’s fifty day simple moving average is $101.21 and its 200-day simple moving average is $103.13.

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.