Paladin Advisory Group LLC Trims Holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Paladin Advisory Group LLC lessened its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 10.5% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 40,460 shares of the company’s stock after selling 4,738 shares during the period. ProShares S&P 500 Aristocrats ETF makes up about 3.2% of Paladin Advisory Group LLC’s investment portfolio, making the stock its 7th biggest holding. Paladin Advisory Group LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $3,852,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Householder Group Estate & Retirement Specialist LLC bought a new position in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter valued at about $26,000. Valued Wealth Advisors LLC acquired a new stake in ProShares S&P 500 Aristocrats ETF during the 4th quarter worth approximately $28,000. First Manhattan CO. LLC. bought a new position in ProShares S&P 500 Aristocrats ETF in the first quarter valued at approximately $36,000. True Wealth Design LLC acquired a new position in shares of ProShares S&P 500 Aristocrats ETF in the fourth quarter valued at approximately $36,000. Finally, Ambassador Advisors LLC bought a new stake in shares of ProShares S&P 500 Aristocrats ETF during the first quarter worth $37,000.

ProShares S&P 500 Aristocrats ETF Stock Up 0.7 %

Shares of BATS:NOBL traded up $0.68 during midday trading on Friday, reaching $97.04. 557,007 shares of the company were exchanged. The firm has a market cap of $11.84 billion, a PE ratio of 21.27 and a beta of 0.73. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $55.69 and a fifty-two week high of $67.97. The stock has a fifty day simple moving average of $97.90 and a two-hundred day simple moving average of $93.55.

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.