ProShares Large Cap Core Plus (BATS:CSM) Reaches New 52-Week High – What’s Next?

ProShares Large Cap Core Plus (BATS:CSM)’s share price hit a new 52-week high on Monday . The company traded as high as $84.74 and last traded at $84.74, with a volume of 1418 shares. The stock had previously closed at $84.60.

ProShares Large Cap Core Plus Trading Up 0.1%

The business’s 50-day moving average is $78.48 and its two-hundred day moving average is $78.80. The stock has a market capitalization of $535.90 million, a PE ratio of 20.56 and a beta of 1.02.

Institutional Trading of ProShares Large Cap Core Plus

A number of institutional investors have recently added to or reduced their stakes in the business. Fifth Third Bancorp boosted its position in ProShares Large Cap Core Plus by 818.1% during the 1st quarter. Fifth Third Bancorp now owns 2,846 shares of the company’s stock worth $213,000 after purchasing an additional 2,536 shares during the period. Waterfront Wealth Inc. boosted its position in ProShares Large Cap Core Plus by 23.1% in the 1st quarter. Waterfront Wealth Inc. now owns 134,277 shares of the company’s stock valued at $10,047,000 after buying an additional 25,172 shares during the last quarter. Manchester Financial Inc. grew its stake in shares of ProShares Large Cap Core Plus by 2.3% during the first quarter. Manchester Financial Inc. now owns 31,488 shares of the company’s stock valued at $2,356,000 after acquiring an additional 714 shares in the last quarter. CreativeOne Wealth LLC purchased a new stake in shares of ProShares Large Cap Core Plus during the fourth quarter worth about $1,196,000. Finally, Stifel Financial Corp increased its position in shares of ProShares Large Cap Core Plus by 0.6% during the fourth quarter. Stifel Financial Corp now owns 121,557 shares of the company’s stock worth $9,686,000 after acquiring an additional 751 shares during the last quarter.

About ProShares Large Cap Core Plus

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.