Apexium Financial LP Sells 880 Shares of ProShares Large Cap Core Plus $CSM

Apexium Financial LP cut its stake in shares of ProShares Large Cap Core Plus (BATS:CSM) by 0.9% in the second quarter, HoldingsChannel reports. The fund owned 95,065 shares of the company’s stock after selling 880 shares during the period. Apexium Financial LP’s holdings in ProShares Large Cap Core Plus were worth $6,718,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Wealth Enhancement Advisory Services LLC bought a new position in ProShares Large Cap Core Plus in the 2nd quarter worth approximately $206,000. Royal Bank of Canada boosted its stake in ProShares Large Cap Core Plus by 57.1% in the 1st quarter. Royal Bank of Canada now owns 25,594 shares of the company’s stock worth $1,631,000 after purchasing an additional 9,298 shares during the period. Freedom Investment Management Inc. boosted its stake in ProShares Large Cap Core Plus by 1.1% in the 1st quarter. Freedom Investment Management Inc. now owns 42,615 shares of the company’s stock worth $2,715,000 after purchasing an additional 448 shares during the period. PNC Financial Services Group Inc. bought a new position in ProShares Large Cap Core Plus in the 1st quarter worth approximately $357,000. Finally, LPL Financial LLC boosted its stake in ProShares Large Cap Core Plus by 16.8% in the 1st quarter. LPL Financial LLC now owns 347,337 shares of the company’s stock worth $22,132,000 after purchasing an additional 50,022 shares during the period.

ProShares Large Cap Core Plus Price Performance

CSM stock opened at $76.90 on Friday. ProShares Large Cap Core Plus has a 1-year low of $55.06 and a 1-year high of $72.14. The company has a market capitalization of $486.78 million, a price-to-earnings ratio of 20.56 and a beta of 1.02. The business has a 50 day simple moving average of $74.31 and a two-hundred day simple moving average of $69.01.

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.