Keating Investment Counselors Inc. Trims Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Keating Investment Counselors Inc. decreased its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 22.9% in the fourth quarter, Holdings Channel reports. The firm owned 2,648 shares of the company’s stock after selling 785 shares during the period. Keating Investment Counselors Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $264,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Farmers & Merchants Investments Inc. purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the 4th quarter valued at about $40,000. Decker Retirement Planning Inc. acquired a new position in shares of ProShares S&P 500 Aristocrats ETF during the 4th quarter worth approximately $45,000. Sugar Maple Asset Management LLC acquired a new position in ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at approximately $53,000. TD Private Client Wealth LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the third quarter worth $65,000. Finally, Belmont Capital LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 16.3% during the third quarter. Belmont Capital LLC now owns 841 shares of the company’s stock worth $90,000 after purchasing an additional 118 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 2.2 %

Shares of BATS NOBL opened at $101.42 on Tuesday. The stock has a market cap of $12.32 billion, a P/E 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. The business’s fifty day simple moving average is $101.34 and its 200-day simple moving average is $103.60.

ProShares S&P 500 Aristocrats ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Tuesday, December 31st. Shareholders of record on Monday, December 23rd were issued a dividend of $0.5863 per share. The ex-dividend date 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.