Cutter & CO Brokerage Inc. Has $387,000 Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Cutter & CO Brokerage Inc. decreased its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 6.5% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,888 shares of the company’s stock after selling 271 shares during the quarter. Cutter & CO Brokerage Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $387,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Farmers & Merchants Investments Inc. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $40,000. Decker Retirement Planning Inc. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $45,000. Sugar Maple Asset Management LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter valued at $53,000. TD Private Client Wealth LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at $65,000. Finally, Belmont Capital LLC boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 16.3% during the 3rd quarter. Belmont Capital LLC now owns 841 shares of the company’s stock valued at $90,000 after acquiring an additional 118 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 4.3 %

BATS NOBL opened at $103.51 on Wednesday. ProShares S&P 500 Aristocrats ETF has a twelve month low of $55.69 and a twelve month high of $67.97. The company has a market cap of $12.57 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The business’s fifty day moving average is $101.01 and its 200 day moving average is $103.72.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The business also recently announced a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were given a dividend of $0.5863 per share. The ex-dividend date of this dividend 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.