Sax Wealth Advisors LLC Cuts Stake in ProShares S&P 500 Aristocrats ETF $NOBL

Sax Wealth Advisors LLC cut its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 65.4% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 3,622 shares of the company’s stock after selling 6,860 shares during the quarter. Sax Wealth Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $377,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Cresset Asset Management LLC grew its position in ProShares S&P 500 Aristocrats ETF by 4.5% during the 2nd quarter. Cresset Asset Management LLC now owns 1,800,861 shares of the company’s stock valued at $182,337,000 after purchasing an additional 76,806 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC raised 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 buying an additional 15,433 shares during the last quarter. Capitolis Liquid Global Markets LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter worth approximately $103,070,000. IAM Advisory LLC lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 2.1% in the third quarter. IAM Advisory LLC now owns 673,207 shares of the company’s stock worth $69,387,000 after buying an additional 13,634 shares in the last quarter. Finally, Rockland Trust Co. grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 0.6% during the third quarter. Rockland Trust Co. now owns 668,629 shares of the company’s stock valued at $68,916,000 after buying an additional 3,874 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Down 0.6%

Shares of NOBL opened at $104.57 on Friday. The company has a market capitalization of $11.86 billion, a P/E ratio of 21.15 and a beta of 0.87. The firm has a 50 day moving average of $110.43 and a 200 day moving average of $106.12. ProShares S&P 500 Aristocrats ETF has a twelve month low of $89.76 and a twelve month 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.