MRWM Advisors LLC Has $6.10 Million Position in ProShares S&P 500 Aristocrats ETF $NOBL

MRWM Advisors LLC lessened its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 23.0% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 57,501 shares of the company’s stock after selling 17,183 shares during the quarter. ProShares S&P 500 Aristocrats ETF accounts for approximately 3.3% of MRWM Advisors LLC’s holdings, making the stock its 11th biggest holding. MRWM Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $6,096,000 at the end of the most recent quarter.

Other hedge funds also recently made changes to their positions in the company. Capitolis Liquid Global Markets LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth about $103,070,000. Wells Fargo & Company MN grew its position in ProShares S&P 500 Aristocrats ETF by 9.5% in the fourth quarter. Wells Fargo & Company MN now owns 1,901,775 shares of the company’s stock valued at $197,918,000 after acquiring an additional 164,781 shares during the period. Mercer Global Advisors Inc. ADV grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 749.2% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 119,502 shares of the company’s stock worth $12,317,000 after purchasing an additional 105,429 shares during the last quarter. Cordoba Advisory Partners LLC bought a new stake in ProShares S&P 500 Aristocrats ETF during the fourth quarter worth about $10,767,000. Finally, Carroll Advisory Group LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $10,369,000.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS:NOBL opened at $55.81 on Friday. The firm has a market cap of $6.33 billion, a PE ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a twelve month low of $49.72 and a twelve month high of $57.65. The business has a fifty day moving average of $54.15 and a 200-day moving average of $54.18.

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.