Cypress Capital LLC Reduces Position in ProShares S&P 500 Aristocrats ETF $NOBL

Cypress Capital LLC cut its holdings in shares of ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 25.7% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 66,649 shares of the company’s stock after selling 23,077 shares during the quarter. ProShares S&P 500 Aristocrats ETF comprises 2.0% of Cypress Capital LLC’s investment portfolio, making the stock its 11th biggest position. Cypress Capital LLC’s holdings in ProShares S&P 500 Aristocrats ETF were worth $7,065,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Wells Fargo & Company MN boosted its holdings in shares of ProShares S&P 500 Aristocrats ETF by 9.5% during the 4th quarter. Wells Fargo & Company MN now owns 1,901,775 shares of the company’s stock worth $197,918,000 after purchasing an additional 164,781 shares during the last quarter. Cliftonlarsonallen Wealth Advisors LLC boosted its stake in ProShares S&P 500 Aristocrats ETF by 0.7% during the fourth quarter. Cliftonlarsonallen Wealth Advisors LLC now owns 1,316,853 shares of the company’s stock worth $137,045,000 after buying an additional 8,930 shares during the last quarter. Capitolis Liquid Global Markets LLC purchased a new stake in ProShares S&P 500 Aristocrats ETF in the 3rd quarter valued at $103,070,000. Rockland Trust Co. grew its holdings in ProShares S&P 500 Aristocrats ETF by 5.1% in the 4th quarter. Rockland Trust Co. now owns 702,651 shares of the company’s stock valued at $73,125,000 after buying an additional 34,022 shares in the last quarter. Finally, BNP Paribas Financial Markets increased its stake in shares of ProShares S&P 500 Aristocrats ETF by 24.0% in the 2nd quarter. BNP Paribas Financial Markets now owns 400,200 shares of the company’s stock worth $40,300,000 after acquiring an additional 77,488 shares during the last quarter.

ProShares S&P 500 Aristocrats ETF Stock Up 3.5%

BATS NOBL opened at $59.29 on Tuesday. The business’s fifty day simple moving average is $54.54 and its 200-day simple moving average is $54.40. ProShares S&P 500 Aristocrats ETF has a 52 week low of $50.12 and a 52 week high of $59.29. The firm has a market cap of $6.72 billion, a PE ratio of 21.15 and a beta of 0.87.

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.