48,386 Shares in ProShares K-1 Free Crude Oil ETF $OILK Bought by Fortis Group Advisors LLC

Fortis Group Advisors LLC bought a new position in ProShares K-1 Free Crude Oil ETF (BATS:OILK) during the fourth quarter, HoldingsChannel.com reports. The institutional investor bought 48,386 shares of the company’s stock, valued at approximately $1,804,000.

A number of other large investors also recently added to or reduced their stakes in the business. Stratos Wealth Partners LTD. raised its position in ProShares K-1 Free Crude Oil ETF by 1.2% in the 4th quarter. Stratos Wealth Partners LTD. now owns 22,630 shares of the company’s stock worth $844,000 after purchasing an additional 270 shares during the period. Osaic Holdings Inc. raised its position in ProShares K-1 Free Crude Oil ETF by 6.1% in the 2nd quarter. Osaic Holdings Inc. now owns 8,871 shares of the company’s stock worth $357,000 after purchasing an additional 507 shares during the period. HighTower Advisors LLC raised its position in ProShares K-1 Free Crude Oil ETF by 5.5% in the 3rd quarter. HighTower Advisors LLC now owns 105,461 shares of the company’s stock worth $4,229,000 after purchasing an additional 5,543 shares during the period. Sugar Maple Asset Management LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the 3rd quarter worth $361,000. Finally, Royal Bank of Canada raised its position in ProShares K-1 Free Crude Oil ETF by 2,637.6% in the 1st quarter. Royal Bank of Canada now owns 15,303 shares of the company’s stock worth $667,000 after purchasing an additional 14,744 shares during the period.

ProShares K-1 Free Crude Oil ETF Price Performance

Shares of ProShares K-1 Free Crude Oil ETF stock opened at $58.53 on Thursday. The business’s 50 day simple moving average is $55.59 and its two-hundred day simple moving average is $45.25. The stock has a market capitalization of $103.01 million, a P/E ratio of 30.33 and a beta of 0.50. ProShares K-1 Free Crude Oil ETF has a one year low of $36.13 and a one year high of $61.33.

About ProShares K-1 Free Crude Oil ETF

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.