Kovack Advisors Inc. Cuts Stock Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Kovack Advisors Inc. lowered its stake in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.5% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 46,677 shares of the company’s stock after selling 236 shares during the quarter. Kovack Advisors Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $4,647,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of NOBL. Red Crane Wealth Management LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter worth $641,000. Pring Turner Capital Group Inc. grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 8.8% during the fourth quarter. Pring Turner Capital Group Inc. now owns 14,563 shares of the company’s stock worth $1,450,000 after purchasing an additional 1,177 shares in the last quarter. Crestwood Advisors Group LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter worth $238,000. Atlantic Family Wealth LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the fourth quarter worth $358,000. Finally, Lansing Street Advisors grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 28.0% during the fourth quarter. Lansing Street Advisors now owns 14,293 shares of the company’s stock worth $1,423,000 after purchasing an additional 3,130 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 3.3 %

Shares of NOBL stock opened at $102.50 on Thursday. The firm has a fifty day moving average price of $101.00 and a 200 day moving average price of $103.71. The company has a market cap of $11.78 billion, a P/E ratio of 23.15 and a beta of 0.92. 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 Dividend Announcement

The business also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were paid a $0.5863 dividend. The ex-dividend date was Monday, December 23rd.

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.