ProShares Equities For Rising Rates ETF (NASDAQ:EQRR – Get Free Report) declared a dividend on Tuesday, June 23rd, NASDAQ Dividends reports. Shareholders of record on Wednesday, June 24th will be given a dividend of 0.1981 per share on Tuesday, June 30th. The ex-dividend date is Wednesday, June 24th.
ProShares Equities For Rising Rates ETF Price Performance
NASDAQ:EQRR opened at $80.13 on Wednesday. The company has a market cap of $47.28 million, a P/E ratio of 16.51 and a beta of 0.91. The firm’s fifty day moving average price is $77.39 and its two-hundred day moving average price is $70.84. ProShares Equities For Rising Rates ETF has a one year low of $58.59 and a one year high of $82.53.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently bought and sold shares of the stock. Geneos Wealth Management Inc. acquired a new stake in ProShares Equities For Rising Rates ETF during the first quarter worth approximately $25,000. International Assets Investment Management LLC bought a new stake in shares of ProShares Equities For Rising Rates ETF during the fourth quarter worth approximately $31,000. Steward Partners Investment Advisory LLC acquired a new position in shares of ProShares Equities For Rising Rates ETF in the fourth quarter valued at approximately $79,000. Griffin Asset Management Inc. acquired a new position in shares of ProShares Equities For Rising Rates ETF in the first quarter valued at approximately $256,000. Finally, Royal Bank of Canada grew its position in shares of ProShares Equities For Rising Rates ETF by 17.2% in the fourth quarter. Royal Bank of Canada now owns 4,098 shares of the company’s stock valued at $264,000 after purchasing an additional 600 shares during the last quarter.
About ProShares Equities For Rising Rates ETF
The ProShares Equities for Rising Rates ETF (EQRR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. EQRR was launched on Jul 24, 2017 and is managed by ProShares.
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