Concurrent Investment Advisors LLC Has $1.71 Million Holdings in ProShares S&P 500 Aristocrats ETF $NOBL

Concurrent Investment Advisors LLC reduced its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 22.1% in the 3rd quarter, Holdings Channel.com reports. The fund owned 16,544 shares of the company’s stock after selling 4,682 shares during the period. Concurrent Investment Advisors LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $1,705,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of NOBL. WealthBridge Capital Management LLC lifted its stake in ProShares S&P 500 Aristocrats ETF by 0.6% in the 2nd quarter. WealthBridge Capital Management LLC now owns 16,383 shares of the company’s stock valued at $1,650,000 after purchasing an additional 98 shares during the last quarter. Gallagher Fiduciary Advisors LLC grew its position in shares of ProShares S&P 500 Aristocrats ETF by 4.2% during the 2nd quarter. Gallagher Fiduciary Advisors LLC now owns 2,454 shares of the company’s stock worth $247,000 after purchasing an additional 100 shares in the last quarter. Lewis Asset Management LLC increased its stake in ProShares S&P 500 Aristocrats ETF by 1.8% during the 3rd quarter. Lewis Asset Management LLC now owns 5,801 shares of the company’s stock worth $598,000 after acquiring an additional 101 shares during the period. Anchor Investment Management LLC lifted its position in ProShares S&P 500 Aristocrats ETF by 0.8% during the second quarter. Anchor Investment Management LLC now owns 14,464 shares of the company’s stock worth $1,457,000 after purchasing an additional 112 shares during the period. Finally, Northwest Financial Advisors raised its position in ProShares S&P 500 Aristocrats ETF by 0.7% during the second quarter. Northwest Financial Advisors now owns 16,778 shares of the company’s stock valued at $1,690,000 after purchasing an additional 119 shares in the last quarter.

ProShares S&P 500 Aristocrats ETF Trading Up 10.2%

Shares of ProShares S&P 500 Aristocrats ETF stock opened at $109.34 on Friday. The firm’s 50 day moving average is $104.85 and its 200 day moving average is $103.72. The firm has a market capitalization of $12.40 billion, a PE ratio of 21.15 and a beta of 0.87. ProShares S&P 500 Aristocrats ETF has a 1 year low of $89.76 and a 1 year high of $108.79.

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.