ProShares Large Cap Core Plus (BATS:CSM) Sets New 52-Week High – Here’s Why

Shares of ProShares Large Cap Core Plus (BATS:CSM) hit a new 52-week high on Monday . The company traded as high as $87.60 and last traded at $87.60, with a volume of 12911 shares trading hands. The stock had previously closed at $86.49.

ProShares Large Cap Core Plus Stock Up 1.3%

The company has a market cap of $554.51 million, a PE ratio of 20.56 and a beta of 1.02. The firm has a 50 day simple moving average of $85.52 and a 200-day simple moving average of $81.64.

Institutional Trading of ProShares Large Cap Core Plus

Several hedge funds and other institutional investors have recently made changes to their positions in CSM. Fifth Third Bancorp acquired a new stake in ProShares Large Cap Core Plus in the fourth quarter worth about $25,000. JPMorgan Chase & Co. purchased a new position in shares of ProShares Large Cap Core Plus during the second quarter worth $26,000. Sequent Planning LLC purchased a new stake in ProShares Large Cap Core Plus in the 4th quarter worth approximately $212,000. RDA Financial Network purchased a new stake in ProShares Large Cap Core Plus during the second quarter worth $217,000. Finally, Focus Financial Network Inc. purchased a new stake in shares of ProShares Large Cap Core Plus during the 2nd quarter worth about $225,000.

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. CSM was launched on Jul 14, 2009 and is managed by ProShares.