IAM Advisory LLC Sells 362,914 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

IAM Advisory LLC reduced its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 36.7% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 625,061 shares of the company’s stock after selling 362,914 shares during the period. ProShares S&P 500 Aristocrats ETF comprises about 16.3% of IAM Advisory LLC’s portfolio, making the stock its 2nd biggest holding. IAM Advisory LLC owned about 0.51% of ProShares S&P 500 Aristocrats ETF worth $60,087,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Global Assets Advisory LLC increased its position in shares of ProShares S&P 500 Aristocrats ETF by 8,840.4% in the first quarter. Global Assets Advisory LLC now owns 937,760 shares of the company’s stock valued at $95,098,000 after buying an additional 927,271 shares in the last quarter. Cetera Investment Advisers raised its position in ProShares S&P 500 Aristocrats ETF by 385.4% during the first quarter. Cetera Investment Advisers now owns 482,921 shares of the company’s stock worth $48,973,000 after acquiring an additional 383,429 shares during the period. Cerity Partners LLC purchased a new position in ProShares S&P 500 Aristocrats ETF during the fourth quarter valued at $30,985,000. Wells Fargo & Company MN grew its position in shares of ProShares S&P 500 Aristocrats ETF by 6.6% in the fourth quarter. Wells Fargo & Company MN now owns 2,059,742 shares of the company’s stock valued at $196,087,000 after purchasing an additional 126,918 shares during the period. Finally, Yousif Capital Management LLC increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 2,668.1% during the fourth quarter. Yousif Capital Management LLC now owns 131,347 shares of the company’s stock worth $12,504,000 after purchasing an additional 126,602 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of BATS:NOBL traded up $0.08 during trading on Friday, reaching $99.99. The stock had a trading volume of 430,083 shares. ProShares S&P 500 Aristocrats ETF has a 1-year low of $55.69 and a 1-year high of $67.97. The stock has a market cap of $12.14 billion, a PE ratio of 20.81 and a beta of 0.68. The business has a fifty day moving average price of $98.00 and a 200-day moving average price of $97.74.

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.