Kraft Davis & Associates LLC Cuts Stock Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Kraft Davis & Associates LLC lessened its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 9.0% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 101,334 shares of the company’s stock after selling 10,048 shares during the period. ProShares S&P 500 Aristocrats ETF comprises 3.1% of Kraft Davis & Associates LLC’s holdings, making the stock its 10th largest position. Kraft Davis & Associates LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $10,530,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in NOBL. Belmont Capital LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 16.3% during the third quarter. Belmont Capital LLC now owns 841 shares of the company’s stock worth $90,000 after buying an additional 118 shares in the last quarter. MAI Capital Management grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 6.8% during the 3rd quarter. MAI Capital Management now owns 29,534 shares of the company’s stock worth $3,153,000 after acquiring an additional 1,888 shares in the last quarter. TrinityPoint Wealth LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the third quarter valued at approximately $218,000. Thrivent Financial for Lutherans bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the third quarter worth $271,000. Finally, RIA Advisory Group LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the third quarter worth $477,000.

ProShares S&P 500 Aristocrats ETF Trading Down 0.6 %

ProShares S&P 500 Aristocrats ETF stock opened at $104.91 on Wednesday. The company has a fifty day simple moving average of $105.74 and a 200 day simple moving average of $101.57. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The company has a market cap of $12.74 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.