JPMorgan Chase & Co. Lowers Position in ProShares S&P 500 Aristocrats ETF $NOBL

JPMorgan Chase & Co. trimmed its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 40.4% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 104,177 shares of the company’s stock after selling 70,756 shares during the quarter. JPMorgan Chase & Co.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $10,738,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently bought and sold shares of NOBL. PNC Financial Services Group Inc. boosted its stake in ProShares S&P 500 Aristocrats ETF by 9.4% during the third quarter. PNC Financial Services Group Inc. now owns 33,122 shares of the company’s stock worth $3,414,000 after buying an additional 2,844 shares during the period. HighTower Advisors LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 2.9% during the 3rd quarter. HighTower Advisors LLC now owns 140,909 shares of the company’s stock worth $14,524,000 after purchasing an additional 4,020 shares during the period. Uniting Wealth Partners LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 46.1% during the 3rd quarter. Uniting Wealth Partners LLC now owns 26,137 shares of the company’s stock worth $2,694,000 after purchasing an additional 8,244 shares during the period. MSH Capital Advisors LLC increased its holdings in ProShares S&P 500 Aristocrats ETF by 3.5% in the 3rd quarter. MSH Capital Advisors LLC now owns 49,697 shares of the company’s stock valued at $5,122,000 after purchasing an additional 1,669 shares during the last quarter. Finally, Ameritas Advisory Services LLC raised its position in ProShares S&P 500 Aristocrats ETF by 11.9% in the third quarter. Ameritas Advisory Services LLC now owns 10,629 shares of the company’s stock valued at $1,096,000 after purchasing an additional 1,133 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Down 1.2%

BATS:NOBL opened at $111.17 on Friday. ProShares S&P 500 Aristocrats ETF has a 52 week low of $89.76 and a 52 week high of $115.31. The stock’s fifty day moving average is $110.26 and its two-hundred day moving average is $105.88. The stock has a market capitalization of $12.61 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87.

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.