Comerica Bank Cuts Stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL)

Comerica Bank reduced its position in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 0.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 126,147 shares of the company’s stock after selling 641 shares during the quarter. Comerica Bank’s holdings in ProShares S&P 500 Aristocrats ETF were worth $12,793,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of NOBL. B. Riley Wealth Advisors Inc. lifted its stake in shares of ProShares S&P 500 Aristocrats ETF by 11.5% during the first quarter. B. Riley Wealth Advisors Inc. now owns 33,882 shares of the company’s stock worth $3,436,000 after buying an additional 3,505 shares during the period. Kraft Davis & Associates LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 14.8% during the first quarter. Kraft Davis & Associates LLC now owns 119,618 shares of the company’s stock valued at $11,866,000 after purchasing an additional 15,420 shares during the period. Waverly Advisors LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the first quarter valued at $1,162,000. LRI Investments LLC acquired a new position in ProShares S&P 500 Aristocrats ETF during the first quarter valued at $75,000. Finally, Axxcess Wealth Management LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 56.1% during the first quarter. Axxcess Wealth Management LLC now owns 17,118 shares of the company’s stock valued at $1,736,000 after purchasing an additional 6,155 shares during the period.

ProShares S&P 500 Aristocrats ETF Stock Performance

BATS NOBL traded down $0.02 on Thursday, reaching $101.08. 487,407 shares of the company’s stock traded hands. The firm has a market cap of $12.28 billion, a price-to-earnings ratio of 20.81 and a beta of 0.68. The stock has a 50 day moving average price of $97.63 and a 200-day moving average price of $97.46. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $55.69 and a fifty-two week high of $67.97.

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.