Kraft Davis & Associates LLC Sells 1,561 Shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Kraft Davis & Associates LLC decreased its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 1.5% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 104,198 shares of the company’s stock after selling 1,561 shares during the quarter. ProShares S&P 500 Aristocrats ETF makes up 3.0% of Kraft Davis & Associates LLC’s holdings, making the stock its 12th largest holding. Kraft Davis & Associates LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $9,872,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in NOBL. JPMorgan Chase & Co. boosted its position in ProShares S&P 500 Aristocrats ETF by 1,336.4% during the first quarter. JPMorgan Chase & Co. now owns 100,546 shares of the company’s stock valued at $9,543,000 after purchasing an additional 93,546 shares in the last quarter. PNC Financial Services Group Inc. boosted its position in ProShares S&P 500 Aristocrats ETF by 6.3% during the first quarter. PNC Financial Services Group Inc. now owns 5,580 shares of the company’s stock valued at $529,000 after purchasing an additional 329 shares in the last quarter. Raymond James Trust N.A. boosted its position in ProShares S&P 500 Aristocrats ETF by 9.6% during the first quarter. Raymond James Trust N.A. now owns 5,887 shares of the company’s stock valued at $559,000 after purchasing an additional 515 shares in the last quarter. Vontobel Holding Ltd. boosted its position in ProShares S&P 500 Aristocrats ETF by 215.6% during the first quarter. Vontobel Holding Ltd. now owns 22,051 shares of the company’s stock valued at $2,093,000 after purchasing an additional 15,065 shares in the last quarter. Finally, Blair William & Co. IL raised its stake in ProShares S&P 500 Aristocrats ETF by 2.6% in the first quarter. Blair William & Co. IL now owns 62,333 shares of the company’s stock valued at $5,916,000 after buying an additional 1,608 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

ProShares S&P 500 Aristocrats ETF stock traded up $0.68 during midday trading on Friday, reaching $97.04. The company’s stock had a trading volume of 557,007 shares. The stock’s 50-day simple moving average is $97.94 and its 200-day simple moving average is $93.62. ProShares S&P 500 Aristocrats ETF has a 52-week low of $55.69 and a 52-week high of $67.97. The stock has a market capitalization of $11.84 billion, a P/E ratio of 21.27 and a beta of 0.73.

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.