Summit Financial Wealth Advisors LLC Reduces Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Summit Financial Wealth Advisors LLC lessened its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 237,105 shares of the company’s stock after selling 299 shares during the period. ProShares S&P 500 Aristocrats ETF comprises about 4.7% of Summit Financial Wealth Advisors LLC’s portfolio, making the stock its 6th largest holding. Summit Financial Wealth Advisors LLC owned 0.20% of ProShares S&P 500 Aristocrats ETF worth $25,313,000 at the end of the most recent reporting period.

Several other institutional investors also recently modified their holdings of the company. Wolff Wiese Magana LLC lifted its holdings in ProShares S&P 500 Aristocrats ETF by 147.0% during the 3rd quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock valued at $26,000 after purchasing an additional 147 shares during the last quarter. Daiwa Securities Group Inc. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $25,000. American National Bank bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $27,000. GAMMA Investing LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at about $44,000. Finally, Russell Investments Group Ltd. lifted its position 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 worth $52,000 after acquiring an additional 256 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 0.9 %

ProShares S&P 500 Aristocrats ETF stock opened at $107.94 on Tuesday. The company has a market capitalization of $13.11 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The stock’s 50 day moving average is $105.89 and its 200-day moving average is $101.79. 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 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.