Sanchez Wealth Management Group Trims Stock Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Sanchez Wealth Management Group decreased its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 82.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 19,492 shares of the company’s stock after selling 93,862 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for about 0.4% of Sanchez Wealth Management Group’s holdings, making the stock its 26th biggest position. Sanchez Wealth Management Group’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,029,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Qube Research & Technologies Ltd purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the second quarter worth about $29,000. Nemes Rush Group LLC grew its stake in ProShares S&P 500 Aristocrats ETF by 627.5% during the third quarter. Nemes Rush Group LLC now owns 291 shares of the company’s stock valued at $30,000 after acquiring an additional 251 shares in the last quarter. TFC Financial Management Inc. purchased a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at approximately $30,000. Grey Fox Wealth Advisors LLC purchased a new position in ProShares S&P 500 Aristocrats ETF during the third quarter valued at approximately $40,000. Finally, Aventura Private Wealth LLC purchased a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at approximately $46,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS:NOBL opened at $107.07 on Monday. The company has a 50 day moving average of $108.03 and a 200 day moving average of $107.00. The stock has a market cap of $12.14 billion, a P/E ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 12 month low of $98.25 and a 12 month high of $115.31.

ProShares S&P 500 Aristocrats ETF Company 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.