Shares of ProShares Large Cap Core Plus (BATS:CSM – Get Free Report) hit a new 52-week high during trading on Tuesday . The stock traded as high as $83.15 and last traded at $83.07, with a volume of 2698 shares changing hands. The stock had previously closed at $82.30.
ProShares Large Cap Core Plus Stock Performance
The company has a market cap of $526.53 million, a PE ratio of 20.56 and a beta of 1.02. The company’s 50-day simple moving average is $78.19 and its 200 day simple moving average is $78.64.
Hedge Funds Weigh In On ProShares Large Cap Core Plus
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Cerity Partners LLC boosted its position in ProShares Large Cap Core Plus by 1.0% in the 2nd quarter. Cerity Partners LLC now owns 29,970 shares of the company’s stock valued at $2,112,000 after buying an additional 296 shares during the period. Fifth Third Bancorp purchased a new position in ProShares Large Cap Core Plus in the 4th quarter valued at approximately $25,000. JPMorgan Chase & Co. purchased a new position in ProShares Large Cap Core Plus in the 2nd quarter valued at approximately $26,000. Duncan Williams Asset Management LLC boosted its position in ProShares Large Cap Core Plus by 1.8% in the 4th quarter. Duncan Williams Asset Management LLC now owns 31,712 shares of the company’s stock valued at $2,506,000 after buying an additional 550 shares during the period. Finally, Onyx Bridge Wealth Group LLC boosted its position in ProShares Large Cap Core Plus by 0.5% in the 3rd quarter. Onyx Bridge Wealth Group LLC now owns 116,877 shares of the company’s stock valued at $8,949,000 after buying an additional 599 shares during the period.
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.
Further Reading
Receive News & Ratings for ProShares Large Cap Core Plus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Large Cap Core Plus and related companies with MarketBeat.com's FREE daily email newsletter.
