ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Shares Sold by Cutler Investment Counsel LLC

Cutler Investment Counsel LLC lowered its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 2.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 27,081 shares of the company’s stock after selling 744 shares during the period. Cutler Investment Counsel LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,905,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. RIA Advisory Group LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the third quarter worth $477,000. Archer Investment Corp grew its position in ProShares S&P 500 Aristocrats ETF by 4.8% during the 3rd quarter. Archer Investment Corp now owns 20,601 shares of the company’s stock worth $2,199,000 after purchasing an additional 952 shares during the period. Planning Capital Management Corp raised its stake in shares of ProShares S&P 500 Aristocrats ETF by 116.6% during the 3rd quarter. Planning Capital Management Corp now owns 1,739 shares of the company’s stock valued at $186,000 after buying an additional 936 shares during the last quarter. Huntington National Bank lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 107.4% in the 3rd quarter. Huntington National Bank now owns 2,746 shares of the company’s stock valued at $293,000 after buying an additional 1,422 shares during the period. Finally, Kovack Advisors Inc. boosted its stake in shares of ProShares S&P 500 Aristocrats ETF by 9.0% in the third quarter. Kovack Advisors Inc. now owns 46,913 shares of the company’s stock worth $5,008,000 after buying an additional 3,860 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

NOBL stock traded down $0.41 during trading on Friday, hitting $105.13. 575,297 shares of the company traded hands. ProShares S&P 500 Aristocrats ETF has a 1 year low of $55.69 and a 1 year high of $67.97. The stock’s 50-day simple moving average is $105.70 and its 200 day simple moving average is $101.39. The company has a market cap of $12.77 billion, a PE ratio of 20.81 and a beta of 0.68.

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.