Ausdal Financial Partners Inc. Lowers Stock Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Ausdal Financial Partners Inc. cut its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 8.9% in the second quarter, HoldingsChannel reports. The firm owned 36,372 shares of the company’s stock after selling 3,569 shares during the quarter. Ausdal Financial Partners Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,496,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Clear Creek Financial Management LLC raised its holdings in ProShares S&P 500 Aristocrats ETF by 2.6% in the second quarter. Clear Creek Financial Management LLC now owns 4,389 shares of the company’s stock valued at $422,000 after acquiring an additional 110 shares in the last quarter. BNP Paribas Financial Markets boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 1.9% during the 1st quarter. BNP Paribas Financial Markets now owns 6,266 shares of the company’s stock worth $635,000 after acquiring an additional 116 shares in the last quarter. Cutter & CO Brokerage Inc. increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 3.0% in the 2nd quarter. Cutter & CO Brokerage Inc. now owns 4,208 shares of the company’s stock valued at $404,000 after acquiring an additional 122 shares during the last quarter. Mark Sheptoff Financial Planning LLC raised its position in shares of ProShares S&P 500 Aristocrats ETF by 18.7% during the 1st quarter. Mark Sheptoff Financial Planning LLC now owns 830 shares of the company’s stock worth $84,000 after acquiring an additional 131 shares in the last quarter. Finally, SeaCrest Wealth Management LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 0.7% during the second quarter. SeaCrest Wealth Management LLC now owns 19,782 shares of the company’s stock worth $1,902,000 after purchasing an additional 133 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of ProShares S&P 500 Aristocrats ETF stock traded down $0.55 during trading hours on Friday, hitting $102.94. The company had a trading volume of 521,197 shares. The company’s 50-day moving average is $100.21 and its two-hundred day moving average is $98.82. 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 $12.50 billion, a P/E ratio of 20.81 and a beta of 0.68.

ProShares S&P 500 Aristocrats ETF 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.