ProShares S&P 500 Aristocrats ETF (BATS:NOBL) Shares Sold by PNC Financial Services Group Inc.

PNC Financial Services Group Inc. trimmed its holdings in ProShares S&P 500 Aristocrats ETF (BATS:NOBL) by 20.4% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,604 shares of the company’s stock after selling 6,287 shares during the period. PNC Financial Services Group Inc.’s holdings in ProShares S&P 500 Aristocrats ETF were worth $2,627,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Belmont Capital LLC boosted its position in shares of ProShares S&P 500 Aristocrats ETF by 16.3% in the third quarter. Belmont Capital LLC now owns 841 shares of the company’s stock worth $90,000 after acquiring an additional 118 shares during the last quarter. MAI Capital Management grew its stake in shares of ProShares S&P 500 Aristocrats ETF by 6.8% during the 3rd quarter. MAI Capital Management now owns 29,534 shares of the company’s stock valued at $3,153,000 after buying an additional 1,888 shares during the period. TrinityPoint Wealth LLC acquired a new stake in shares of ProShares S&P 500 Aristocrats ETF during the 3rd quarter worth $218,000. Thrivent Financial for Lutherans purchased a new position in shares of ProShares S&P 500 Aristocrats ETF in the 3rd quarter worth $271,000. Finally, RIA Advisory Group LLC acquired a new position in ProShares S&P 500 Aristocrats ETF in the third quarter valued at $477,000.

ProShares S&P 500 Aristocrats ETF Trading Up 0.9 %

NOBL stock opened at $107.94 on Tuesday. The stock has a 50-day moving average price of $105.89 and a two-hundred day moving average price of $101.79. The company has a market cap of $13.11 billion, a PE ratio of 20.81 and a beta of 0.68. ProShares S&P 500 Aristocrats ETF has a 12-month low of $55.69 and a 12-month high of $67.97.

About ProShares S&P 500 Aristocrats ETF

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.