James J. Burns & Company LLC Reduces Stock Position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

James J. Burns & Company LLC trimmed its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.5% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 26,018 shares of the company’s stock after selling 133 shares during the quarter. James J. Burns & Company LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,778,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Wolff Wiese Magana LLC increased its position in 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 valued at $26,000 after acquiring an additional 147 shares during the last quarter. Salomon & Ludwin LLC purchased a new position in shares of ProShares S&P 500 Aristocrats ETF during the 1st quarter worth about $25,000. Daiwa Securities Group Inc. bought a new position in ProShares S&P 500 Aristocrats ETF during the 2nd quarter valued at about $25,000. American National Bank purchased a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter worth about $27,000. Finally, GAMMA Investing LLC bought a new stake in ProShares S&P 500 Aristocrats ETF in the third quarter worth about $44,000.

ProShares S&P 500 Aristocrats ETF Price Performance

Shares of BATS:NOBL opened at $103.79 on Tuesday. The business has a 50 day simple moving average of $105.36 and a two-hundred day simple moving average of $100.91. ProShares S&P 500 Aristocrats ETF has a 1 year low of $55.69 and a 1 year high of $67.97. The firm has a market capitalization of $12.61 billion, a PE ratio of 20.81 and a beta of 0.68.

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.