Private Advisory Group LLC Lowers Holdings in ProShares K-1 Free Crude Oil ETF (BATS:OILK)

Private Advisory Group LLC lowered its position in shares of ProShares K-1 Free Crude Oil ETF (BATS:OILK) by 42.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 67,522 shares of the company’s stock after selling 49,010 shares during the period. Private Advisory Group LLC owned about 2.17% of ProShares K-1 Free Crude Oil ETF worth $2,864,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Client First Investment Management LLC bought a new position in shares of ProShares K-1 Free Crude Oil ETF during the 2nd quarter worth approximately $600,000. Guardian Wealth Advisors LLC NC lifted its holdings in shares of ProShares K-1 Free Crude Oil ETF by 5.9% during the fourth quarter. Guardian Wealth Advisors LLC NC now owns 22,077 shares of the company’s stock worth $929,000 after purchasing an additional 1,222 shares during the period. Brookstone Capital Management acquired a new position in ProShares K-1 Free Crude Oil ETF in the 2nd quarter worth approximately $269,000. Worth Asset Management LLC purchased a new position in ProShares K-1 Free Crude Oil ETF during the 1st quarter worth approximately $530,000. Finally, ORG Partners LLC purchased a new position in ProShares K-1 Free Crude Oil ETF during the 2nd quarter worth approximately $1,350,000.

ProShares K-1 Free Crude Oil ETF Stock Performance

Shares of BATS OILK opened at $45.82 on Friday. ProShares K-1 Free Crude Oil ETF has a 12 month low of $16.59 and a 12 month high of $23.87. The company has a 50 day simple moving average of $44.08 and a two-hundred day simple moving average of $46.27.

ProShares K-1 Free Crude Oil ETF Cuts Dividend

The firm also recently declared a dividend, which was paid on Tuesday, September 10th. Shareholders of record on Tuesday, September 3rd were issued a $0.1174 dividend. The ex-dividend date was Tuesday, September 3rd.

ProShares K-1 Free Crude Oil ETF Company Profile

The ProShares K-1 Free Crude Oil Strategy ETF (OILK) is an exchange-traded fund that mostly invests in crude oil commodities. The fund tracks an index holding three separate contracts at equal-weighting with different roll schedules. OILK was launched on Sep 26, 2016 and is managed by ProShares.