Level Four Advisory Services LLC Trims Stock Position in ProShares S&P 500 Aristocrats ETF $NOBL

Level Four Advisory Services LLC cut its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 33.6% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,505 shares of the company’s stock after selling 2,275 shares during the quarter. Level Four Advisory Services LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $454,000 at the end of the most recent quarter.

Other hedge funds have also modified their holdings of the company. Maseco LLP purchased a new stake in ProShares S&P 500 Aristocrats ETF in the 2nd quarter valued at approximately $34,000. Cheviot Value Management LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the first quarter worth $34,000. Elevation Point Wealth Partners LLC purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at $35,000. Hilltop National Bank purchased a new stake in shares of ProShares S&P 500 Aristocrats ETF in the second quarter valued at $46,000. Finally, UMB Bank n.a. acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the second quarter valued at $48,000.

ProShares S&P 500 Aristocrats ETF Trading Up 5.4%

ProShares S&P 500 Aristocrats ETF stock opened at $104.58 on Tuesday. The stock has a 50-day moving average price of $102.67 and a 200 day moving average price of $102.47. ProShares S&P 500 Aristocrats ETF has a 52 week low of $89.76 and a 52 week high of $108.79. The stock has a market cap of $11.86 billion, a PE ratio of 21.15 and a beta of 0.87.

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.