ProShares S&P 500 Aristocrats ETF $NOBL Position Lessened by ForthRight Wealth Management LLC

ForthRight Wealth Management LLC decreased its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 10.5% in the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 219,341 shares of the company’s stock after selling 25,791 shares during the quarter. ProShares S&P 500 Aristocrats ETF comprises approximately 6.6% of ForthRight Wealth Management LLC’s portfolio, making the stock its 6th biggest position. ForthRight Wealth Management LLC owned 0.19% of ProShares S&P 500 Aristocrats ETF worth $22,607,000 as of its most recent SEC filing.

A number of other hedge funds have also added to or reduced their stakes in NOBL. Cliftonlarsonallen Wealth Advisors LLC grew its holdings in ProShares S&P 500 Aristocrats ETF by 1.2% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,307,923 shares of the company’s stock worth $134,808,000 after purchasing an additional 15,433 shares during the period. Caldwell Trust Co purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the second quarter valued at approximately $4,588,000. Y Intercept Hong Kong Ltd bought a new stake in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter worth approximately $219,000. Arkadios Wealth Advisors grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 47.7% in the 2nd quarter. Arkadios Wealth Advisors now owns 7,942 shares of the company’s stock worth $800,000 after buying an additional 2,565 shares during the last quarter. Finally, CWM LLC increased its position in ProShares S&P 500 Aristocrats ETF by 137.5% during the 3rd quarter. CWM LLC now owns 16,078 shares of the company’s stock valued at $1,657,000 after buying an additional 9,309 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 0.6%

Shares of BATS:NOBL opened at $114.00 on Friday. The stock has a fifty day simple moving average of $107.90 and a two-hundred day simple moving average of $104.88. ProShares S&P 500 Aristocrats ETF has a 12-month low of $89.76 and a 12-month high of $115.31. The stock has a market capitalization of $12.93 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87.

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.