ProShares Large Cap Core Plus (BATS:CSM) Stock Position Lowered by Mutual Advisors LLC

Mutual Advisors LLC lessened its position in ProShares Large Cap Core Plus (BATS:CSM) by 16.5% in the 1st quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 53,532 shares of the company’s stock after selling 10,603 shares during the quarter. Mutual Advisors LLC owned approximately 0.74% of ProShares Large Cap Core Plus worth $3,251,000 as of its most recent filing with the SEC.

Several other hedge funds have also made changes to their positions in the company. Wetzel Investment Advisors Inc. acquired a new position in ProShares Large Cap Core Plus during the fourth quarter valued at approximately $128,000. Raymond James Financial Services Advisors Inc. increased its holdings in shares of ProShares Large Cap Core Plus by 10.5% in the fourth quarter. Raymond James Financial Services Advisors Inc. now owns 29,840 shares of the company’s stock valued at $1,634,000 after purchasing an additional 2,830 shares during the last quarter. Raymond James & Associates increased its holdings in shares of ProShares Large Cap Core Plus by 34.2% in the fourth quarter. Raymond James & Associates now owns 13,091 shares of the company’s stock valued at $717,000 after purchasing an additional 3,333 shares during the last quarter. Pacific Sun Financial Corp acquired a new position in shares of ProShares Large Cap Core Plus in the fourth quarter valued at $214,000. Finally, Focus Financial Network Inc. ADV acquired a new position in shares of ProShares Large Cap Core Plus in the fourth quarter valued at about $227,000.

ProShares Large Cap Core Plus Price Performance

CSM traded up $0.19 on Tuesday, hitting $62.97. 4,299 shares of the stock were exchanged. The firm has a market capitalization of $458.39 million, a price-to-earnings ratio of 19.45 and a beta of 1.00. ProShares Large Cap Core Plus has a 12 month low of $57.15 and a 12 month high of $71.32. The business has a 50-day moving average of $60.62 and a two-hundred day moving average of $58.60.

ProShares Large Cap Core Plus 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.