Raab & Moskowitz Asset Management LLC Reduces Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Raab & Moskowitz Asset Management LLC decreased its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 5.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,644 shares of the company’s stock after selling 195 shares during the quarter. Raab & Moskowitz Asset Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $347,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the company. Truist Financial Corp boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 1.6% during the 4th quarter. Truist Financial Corp now owns 255,065 shares of the company’s stock valued at $24,282,000 after acquiring an additional 4,048 shares during the last quarter. Kovack Advisors Inc. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 3.3% during the 4th quarter. Kovack Advisors Inc. now owns 44,616 shares of the company’s stock valued at $4,247,000 after acquiring an additional 1,405 shares during the last quarter. TAP Consulting LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 75.9% during the 4th quarter. TAP Consulting LLC now owns 94,638 shares of the company’s stock valued at $9,010,000 after acquiring an additional 40,836 shares during the last quarter. Atria Wealth Solutions Inc. boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 16.2% during the 4th quarter. Atria Wealth Solutions Inc. now owns 95,692 shares of the company’s stock valued at $9,110,000 after acquiring an additional 13,324 shares during the last quarter. Finally, Madison Park Capital Advisors LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at about $1,184,000.

ProShares S&P 500 Aristocrats ETF Trading Down 0.3 %

BATS NOBL traded down $0.34 during trading hours on Friday, reaching $96.88. The company had a trading volume of 485,829 shares. The stock has a 50-day moving average of $98.19 and a 200 day moving average of $93.98. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The stock has a market capitalization of $11.82 billion, a P/E ratio of 21.27 and a beta of 0.73.

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.