ProShares Large Cap Core Plus (BATS:CSM) Trading 0.8% Higher – Still a Buy?

ProShares Large Cap Core Plus (BATS:CSM)’s stock price traded up 0.8% during trading on Thursday . The company traded as high as $67.43 and last traded at $67.47. 11,447 shares were traded during mid-day trading, The stock had previously closed at $66.92.

ProShares Large Cap Core Plus Stock Up 0.3 %

The company has a 50 day simple moving average of $66.01 and a two-hundred day simple moving average of $63.17. The company has a market capitalization of $492.72 million, a P/E ratio of 19.45 and a beta of 1.00.

Hedge Funds Weigh In On ProShares Large Cap Core Plus

Hedge funds have recently bought and sold shares of the business. B. Riley Wealth Advisors Inc. raised its position in shares of ProShares Large Cap Core Plus by 45.9% during the 1st quarter. B. Riley Wealth Advisors Inc. now owns 398,841 shares of the company’s stock worth $24,226,000 after purchasing an additional 125,522 shares during the last quarter. Stifel Financial Corp boosted its stake in shares of ProShares Large Cap Core Plus by 1.6% in the third quarter. Stifel Financial Corp now owns 96,587 shares of the company’s stock worth $6,314,000 after acquiring an additional 1,505 shares during the last quarter. Mutual Advisors LLC increased its position in shares of ProShares Large Cap Core Plus by 4.7% during the third quarter. Mutual Advisors LLC now owns 55,389 shares of the company’s stock worth $3,652,000 after purchasing an additional 2,510 shares in the last quarter. Duncan Williams Asset Management LLC acquired a new position in ProShares Large Cap Core Plus in the 3rd quarter valued at $1,957,000. Finally, HCR Wealth Advisors lifted its holdings in ProShares Large Cap Core Plus by 414.3% in the 3rd quarter. HCR Wealth Advisors now owns 25,714 shares of the company’s stock valued at $1,681,000 after purchasing an additional 20,714 shares in the last quarter.

ProShares Large Cap Core Plus Company Profile

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure.