Nicholas Hoffman & Company LLC. Decreases Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Nicholas Hoffman & Company LLC. lessened its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 8.1% in the fourth quarter, HoldingsChannel reports. The fund owned 5,241 shares of the company’s stock after selling 463 shares during the period. Nicholas Hoffman & Company LLC.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $522,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in NOBL. Strategic Financial Concepts LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 12,704.4% during the fourth quarter. Strategic Financial Concepts LLC now owns 3,822,998 shares of the company’s stock valued at $380,579,000 after buying an additional 3,793,141 shares during the period. International Assets Investment Management LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF by 10,658.8% in the third quarter. International Assets Investment Management LLC now owns 912,564 shares of the company’s stock valued at $97,425,000 after acquiring an additional 904,082 shares in the last quarter. Yousif Capital Management LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at $15,906,000. LPL Financial LLC increased its position in ProShares S&P 500 Aristocrats ETF by 4.1% during the 3rd quarter. LPL Financial LLC now owns 3,135,520 shares of the company’s stock valued at $334,748,000 after purchasing an additional 124,305 shares during the period. Finally, Sumitomo Mitsui Trust Group Inc. raised its holdings in ProShares S&P 500 Aristocrats ETF by 161.1% in the 4th 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.

ProShares S&P 500 Aristocrats ETF Trading Up 2.2 %

Shares of NOBL opened at $101.42 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 firm’s 50-day moving average price is $101.34 and its 200-day moving average price is $103.60. The firm has a market capitalization of $12.32 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF Dividend Announcement

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

ProShares S&P 500 Aristocrats ETF Company 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.