Cassaday & Co Wealth Management LLC Reduces Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Cassaday & Co Wealth Management LLC lowered its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.5% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 623,602 shares of the company’s stock after selling 9,289 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for 1.9% of Cassaday & Co Wealth Management LLC’s investment portfolio, making the stock its 12th largest holding. Cassaday & Co Wealth Management LLC owned 0.51% of ProShares S&P 500 Aristocrats ETF worth $66,576,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. Strategic Financial Concepts LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 5,774.4% during the 2nd quarter. Strategic Financial Concepts LLC now owns 2,788,829 shares of the company’s stock worth $2,504,000 after purchasing an additional 2,741,355 shares in the last quarter. International Assets Investment Management LLC boosted its holdings in ProShares S&P 500 Aristocrats ETF by 10,658.8% during the third quarter. International Assets Investment Management LLC now owns 912,564 shares of the company’s stock worth $97,425,000 after buying an additional 904,082 shares in the last quarter. Rockland Trust Co. increased its holdings in ProShares S&P 500 Aristocrats ETF by 10,247.5% in the third quarter. Rockland Trust Co. now owns 623,542 shares of the company’s stock valued at $66,569,000 after buying an additional 617,516 shares in the last quarter. Cetera Investment Advisers lifted its position in shares of ProShares S&P 500 Aristocrats ETF by 385.4% during the 1st quarter. Cetera Investment Advisers now owns 482,921 shares of the company’s stock valued at $48,973,000 after acquiring an additional 383,429 shares during the period. Finally, Sanctuary Advisors LLC purchased a new position in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at approximately $36,464,000.

ProShares S&P 500 Aristocrats ETF Stock Down 0.4 %

BATS:NOBL opened at $105.13 on Monday. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97. The company has a market capitalization of $12.77 billion, a PE ratio of 20.81 and a beta of 0.68. The stock has a fifty day simple moving average of $105.70 and a 200-day simple moving average of $101.46.

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.