ProShares S&P 500 Aristocrats ETF $NOBL Position Trimmed by Sumitomo Mitsui Trust Group Inc.

Sumitomo Mitsui Trust Group Inc. trimmed its position in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 11.7% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 113,605 shares of the company’s stock after selling 15,089 shares during the period. Sumitomo Mitsui Trust Group Inc. owned approximately 0.10% of ProShares S&P 500 Aristocrats ETF worth $6,146,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of NOBL. Cliftonlarsonallen Wealth Advisors LLC increased its position in ProShares S&P 500 Aristocrats ETF by 0.3% in the third quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 2,696,373 shares of the company’s stock worth $145,874,000 after purchasing an additional 8,769 shares during the last quarter. Rockland Trust Co. increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 1.0% in the 3rd quarter. Rockland Trust Co. now owns 1,513,402 shares of the company’s stock worth $81,875,000 after buying an additional 15,101 shares during the last quarter. Baird Financial Group Inc. increased its holdings in shares of ProShares S&P 500 Aristocrats ETF by 100.9% in the 2nd quarter. Baird Financial Group Inc. now owns 725,687 shares of the company’s stock worth $40,755,000 after buying an additional 364,452 shares during the last quarter. Envestnet Asset Management Inc. raised its position in shares of ProShares S&P 500 Aristocrats ETF by 100.1% during the 2nd quarter. Envestnet Asset Management Inc. now owns 456,871 shares of the company’s stock valued at $25,658,000 after buying an additional 228,526 shares in the last quarter. Finally, Tidal Investments LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at about $22,128,000.

ProShares S&P 500 Aristocrats ETF Stock Down 1.1%

NOBL traded down $0.64 on Friday, hitting $59.77. The company had a trading volume of 1,878,567 shares, compared to its average volume of 1,293,359. The company has a market cap of $6.78 billion, a PE ratio of 21.15 and a beta of 0.87. The business’s fifty day simple moving average is $56.79 and its 200 day simple moving average is $55.75. ProShares S&P 500 Aristocrats ETF has a 12-month low of $50.45 and a 12-month high of $61.98.

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.