Sanchez Wealth Management Group Cuts Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Sanchez Wealth Management Group lessened its stake in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 82.8% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 19,492 shares of the company’s stock after selling 93,862 shares during the period. ProShares S&P 500 Aristocrats ETF makes up about 0.4% of Sanchez Wealth Management Group’s holdings, making the stock its 26th biggest holding. Sanchez Wealth Management Group’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,029,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Virtus Wealth Solutions LLC grew its stake in ProShares S&P 500 Aristocrats ETF by 1.1% in the 3rd quarter. Virtus Wealth Solutions LLC now owns 9,032 shares of the company’s stock worth $931,000 after buying an additional 97 shares in the last quarter. Gallagher Fiduciary Advisors LLC grew its stake in ProShares S&P 500 Aristocrats ETF by 4.2% in the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,454 shares of the company’s stock worth $247,000 after buying an additional 100 shares in the last quarter. Cary Street Partners Financial LLC grew its stake in ProShares S&P 500 Aristocrats ETF by 1.5% in the 3rd quarter. Cary Street Partners Financial LLC now owns 7,894 shares of the company’s stock worth $814,000 after buying an additional 115 shares in the last quarter. Bison Wealth LLC grew its stake in ProShares S&P 500 Aristocrats ETF by 1.3% in the 4th quarter. Bison Wealth LLC now owns 9,410 shares of the company’s stock worth $937,000 after buying an additional 121 shares in the last quarter. Finally, Assetmark Inc. lifted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 10.3% in the 4th quarter. Assetmark Inc. now owns 1,320 shares of the company’s stock worth $137,000 after acquiring an additional 123 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Performance

Shares of NOBL opened at $107.07 on Monday. The firm has a market cap of $12.14 billion, a price-to-earnings ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a fifty-two week low of $98.25 and a fifty-two week high of $115.31. The firm has a 50 day moving average price of $108.03 and a 200-day moving average price of $107.00.

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.