Waterfront Wealth Inc. Acquires 25,172 Shares of ProShares Large Cap Core Plus $CSM

Waterfront Wealth Inc. lifted its holdings in shares of ProShares Large Cap Core Plus (BATS:CSM) by 23.1% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 134,277 shares of the company’s stock after purchasing an additional 25,172 shares during the period. ProShares Large Cap Core Plus comprises approximately 1.8% of Waterfront Wealth Inc.’s holdings, making the stock its 6th biggest holding. Waterfront Wealth Inc. owned 2.12% of ProShares Large Cap Core Plus worth $10,047,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CSM. Manchester Financial Inc. grew its holdings in ProShares Large Cap Core Plus by 2.3% during the 1st quarter. Manchester Financial Inc. now owns 31,488 shares of the company’s stock valued at $2,356,000 after buying an additional 714 shares during the last quarter. CreativeOne Wealth LLC acquired a new position in shares of ProShares Large Cap Core Plus in the fourth quarter worth $1,196,000. Stifel Financial Corp lifted its position in shares of ProShares Large Cap Core Plus by 0.6% in the fourth quarter. Stifel Financial Corp now owns 121,557 shares of the company’s stock valued at $9,686,000 after acquiring an additional 751 shares in the last quarter. Wells Fargo & Company MN boosted its stake in shares of ProShares Large Cap Core Plus by 2.7% during the fourth quarter. Wells Fargo & Company MN now owns 65,425 shares of the company’s stock valued at $5,213,000 after acquiring an additional 1,732 shares during the last quarter. Finally, HRT Financial LP acquired a new stake in shares of ProShares Large Cap Core Plus during the fourth quarter valued at $472,000.

ProShares Large Cap Core Plus Trading Up 0.7%

ProShares Large Cap Core Plus stock opened at $85.96 on Friday. The stock has a 50-day moving average price of $85.04 and a 200 day moving average price of $81.03. ProShares Large Cap Core Plus has a 52 week low of $70.42 and a 52 week high of $87.60. The stock has a market cap of $544.13 million, a PE ratio of 20.56 and a beta of 1.02.

ProShares Large Cap Core Plus 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. CSM was launched on Jul 14, 2009 and is managed by ProShares.