Kraft Davis & Associates LLC Decreases Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Kraft Davis & Associates LLC reduced its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 9.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 101,334 shares of the company’s stock after selling 10,048 shares during the quarter. ProShares S&P 500 Aristocrats ETF comprises 3.1% of Kraft Davis & Associates LLC’s holdings, making the stock its 10th biggest position. Kraft Davis & Associates LLC owned 0.08% of ProShares S&P 500 Aristocrats ETF worth $10,530,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 147.0% in the third quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after buying an additional 147 shares during the period. Daiwa Securities Group Inc. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at approximately $25,000. American National Bank bought a new position in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth approximately $27,000. GAMMA Investing LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the third quarter valued at approximately $44,000. Finally, Russell Investments Group Ltd. grew its holdings in ProShares S&P 500 Aristocrats ETF by 98.8% during the first quarter. Russell Investments Group Ltd. now owns 515 shares of the company’s stock valued at $52,000 after purchasing an additional 256 shares during the period.

ProShares S&P 500 Aristocrats ETF Trading Down 0.6 %

Shares of ProShares S&P 500 Aristocrats ETF stock opened at $104.91 on Wednesday. The stock’s fifty day simple moving average is $105.74 and its 200 day simple moving average is $101.57. The company has a market capitalization of $12.74 billion, a PE ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97.

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.