Kingswood Wealth Advisors LLC Sells 1,827 Shares of ProShares S&P 500 Aristocrats ETF $NOBL

Kingswood Wealth Advisors LLC reduced its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 8.3% during the second quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 20,299 shares of the company’s stock after selling 1,827 shares during the quarter. Kingswood Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,044,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in the business. RB Capital Management LLC grew its position in shares of ProShares S&P 500 Aristocrats ETF by 4.8% in the 1st quarter. RB Capital Management LLC now owns 2,470 shares of the company’s stock worth $252,000 after buying an additional 114 shares during the last quarter. Bison Wealth LLC grew its position in shares of ProShares S&P 500 Aristocrats ETF by 1.3% in the 4th quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock worth $937,000 after buying an additional 121 shares during the last quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors grew its position in shares of ProShares S&P 500 Aristocrats ETF by 4.1% in the 1st quarter. Bay Colony Advisory Group Inc d b a Bay Colony Advisors now owns 3,130 shares of the company’s stock worth $316,000 after buying an additional 122 shares during the last quarter. Cherry Creek Investment Advisors Inc. lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 2.8% in the 1st quarter. Cherry Creek Investment Advisors Inc. now owns 4,692 shares of the company’s stock valued at $479,000 after purchasing an additional 126 shares during the period. Finally, Red Crane Wealth Management LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 2.1% in the 1st quarter. Red Crane Wealth Management LLC now owns 6,571 shares of the company’s stock valued at $671,000 after purchasing an additional 133 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Up 4.2%

NOBL opened at $103.42 on Wednesday. The stock has a market cap of $11.73 billion, a PE ratio of 21.15 and a beta of 0.87. The business has a 50 day moving average of $103.66 and a 200-day moving average of $101.13. ProShares S&P 500 Aristocrats ETF has a 52 week low of $89.76 and a 52 week high of $108.79.

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.