KPP Advisory Services LLC Has $6.23 Million Stock Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

KPP Advisory Services LLC lowered its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.3% in the fourth quarter, HoldingsChannel reports. The firm owned 62,527 shares of the company’s stock after selling 191 shares during the period. ProShares S&P 500 Aristocrats ETF makes up approximately 1.5% of KPP Advisory Services LLC’s investment portfolio, making the stock its 16th biggest holding. KPP Advisory Services LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $6,225,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC grew its holdings in shares of ProShares S&P 500 Aristocrats ETF by 147.0% during the third quarter. Wolff Wiese Magana LLC now owns 247 shares of the company’s stock worth $26,000 after purchasing an additional 147 shares during the last quarter. GAMMA Investing LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the third quarter worth about $44,000. Decker Retirement Planning Inc. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at approximately $45,000. Sugar Maple Asset Management LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth $53,000. Finally, TD Private Client Wealth LLC bought a new position in ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at $65,000.

ProShares S&P 500 Aristocrats ETF Stock Up 3.1 %

Shares of NOBL opened at $102.35 on Monday. The stock’s fifty day simple moving average is $102.53 and its 200-day simple moving average is $103.45. The firm has a market capitalization of $12.43 billion, a PE ratio of 20.81 and a beta of 0.68. 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 firm also recently announced a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were given a dividend of $0.5863 per share. The ex-dividend date was Monday, December 23rd.

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.