Cresset Asset Management LLC Trims Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Cresset Asset Management LLC lowered its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 10.5% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,612,289 shares of the company’s stock after selling 188,572 shares during the period. ProShares S&P 500 Aristocrats ETF makes up approximately 0.6% of Cresset Asset Management LLC’s investment portfolio, making the stock its 20th largest holding. Cresset Asset Management LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $166,179,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently bought and sold shares of NOBL. Bison Wealth LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.3% in the 4th quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock valued at $937,000 after acquiring an additional 121 shares during the last quarter. AQR Capital Management LLC raised its holdings in shares of ProShares S&P 500 Aristocrats ETF by 6.3% during the first quarter. AQR Capital Management LLC now owns 36,442 shares of the company’s stock worth $3,724,000 after purchasing an additional 2,171 shares during the last quarter. Jane Street Group LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF in the first quarter valued at $481,000. Bessemer Group Inc. boosted its holdings in ProShares S&P 500 Aristocrats ETF by 4.9% in the second quarter. Bessemer Group Inc. now owns 3,220 shares of the company’s stock valued at $324,000 after purchasing an additional 150 shares during the last quarter. Finally, Y Intercept Hong Kong Ltd acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 2nd quarter worth about $219,000.

ProShares S&P 500 Aristocrats ETF Stock Down 1.0%

Shares of NOBL stock opened at $113.10 on Wednesday. The stock has a market cap of $12.83 billion, a PE ratio of 21.15 and a beta of 0.87. The business has a 50-day simple moving average of $109.99 and a 200-day simple moving average of $105.79. ProShares S&P 500 Aristocrats ETF has a 52-week low of $89.76 and a 52-week high of $115.31.

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.