Invera Wealth Advisors LLC Lowers Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Invera Wealth Advisors LLC reduced its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.8% in the second quarter, HoldingsChannel reports. The institutional investor owned 6,358 shares of the company’s stock after selling 182 shares during the period. Invera Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $620,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Salomon & Ludwin LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the first quarter worth $25,000. American National Bank purchased a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter worth $27,000. Pineridge Advisors LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at about $36,000. Hazlett Burt & Watson Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the first quarter valued at about $37,000. Finally, Mather Group LLC. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the first quarter valued at about $43,000.

ProShares S&P 500 Aristocrats ETF Trading Down 0.5 %

BATS:NOBL opened at $102.94 on Monday. The business’s 50-day moving average is $100.21 and its 200 day moving average is $98.85. ProShares S&P 500 Aristocrats ETF has a 12 month low of $55.69 and a 12 month high of $67.97. The company has a market capitalization of $12.50 billion, a P/E ratio of 20.81 and a beta of 0.68.

About ProShares S&P 500 Aristocrats ETF

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.