ProShares Large Cap Core Plus (BATS:CSM) Reaches New 52-Week High – What’s Next?

ProShares Large Cap Core Plus (BATS:CSM)’s share price hit a new 52-week high on Monday . The company traded as high as $84.74 and last traded at $84.74, with a volume of 1418 shares. The stock had previously closed at $84.60.

ProShares Large Cap Core Plus Trading Up 0.1%

The company’s 50 day moving average price is $78.48 and its 200-day moving average price is $78.80. The company has a market capitalization of $535.90 million, a PE ratio of 20.56 and a beta of 1.02.

Institutional Trading of ProShares Large Cap Core Plus

Several institutional investors have recently made changes to their positions in the stock. Waterfront Wealth Inc. grew its stake in shares of ProShares Large Cap Core Plus by 23.1% during the 1st quarter. Waterfront Wealth Inc. now owns 134,277 shares of the company’s stock valued at $10,047,000 after buying an additional 25,172 shares during the period. Stifel Financial Corp grew its stake in shares of ProShares Large Cap Core Plus by 0.6% during the 4th quarter. Stifel Financial Corp now owns 121,557 shares of the company’s stock valued at $9,686,000 after buying an additional 751 shares during the period. Onyx Bridge Wealth Group LLC grew its stake in shares of ProShares Large Cap Core Plus by 0.5% during 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. Wells Fargo & Company MN grew its stake in shares of ProShares Large Cap Core Plus by 2.7% during the 4th quarter. Wells Fargo & Company MN now owns 65,425 shares of the company’s stock valued at $5,213,000 after buying an additional 1,732 shares during the period. Finally, Duncan Williams Asset Management LLC grew its stake in shares of ProShares Large Cap Core Plus by 1.8% during 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.

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.