Kraft Davis & Associates LLC Trims Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Kraft Davis & Associates LLC lowered its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.5% during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 104,198 shares of the company’s stock after selling 1,561 shares during the period. ProShares S&P 500 Aristocrats ETF accounts for about 3.0% of Kraft Davis & Associates LLC’s holdings, making the stock its 12th largest holding. Kraft Davis & Associates LLC owned 0.08% of ProShares S&P 500 Aristocrats ETF worth $9,872,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Householder Group Estate & Retirement Specialist LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at $26,000. Valued Wealth Advisors LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $28,000. First Manhattan CO. LLC. purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 1st quarter valued at $36,000. True Wealth Design LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $36,000. Finally, Ambassador Advisors LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF during the 1st quarter valued at $37,000.

ProShares S&P 500 Aristocrats ETF Trading Up 0.7 %

NOBL traded up $0.68 during trading on Friday, hitting $97.04. 557,007 shares of the company’s stock traded hands. The company’s 50 day simple moving average is $97.94 and its two-hundred day simple moving average is $93.62. The stock has a market capitalization of $11.84 billion, a price-to-earnings ratio of 21.27 and a beta of 0.73. ProShares S&P 500 Aristocrats ETF has a 12-month low of $55.69 and a 12-month high of $67.97.

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.