ProShares Large Cap Core Plus (BATS:CSM) Stock Price Cross Above 200-Day Moving Average – What’s Next?

ProShares Large Cap Core Plus (BATS:CSM)’s stock price passed above its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $63.87 and traded as high as $68.70. ProShares Large Cap Core Plus shares last traded at $68.65, with a volume of 1,521 shares changing hands.

ProShares Large Cap Core Plus Trading Up 0.6 %

The stock has a market cap of $499.04 million, a PE ratio of 19.45 and a beta of 1.00. The firm has a fifty day simple moving average of $66.98 and a two-hundred day simple moving average of $63.97.

Institutional Investors Weigh In On ProShares Large Cap Core Plus

Several hedge funds have recently bought and sold shares of CSM. Private Trust Co. NA bought a new position in shares of ProShares Large Cap Core Plus in the 3rd quarter worth $127,000. Wealth Effects LLC purchased a new position in ProShares Large Cap Core Plus in the third quarter worth $209,000. HCR Wealth Advisors bought a new position in ProShares Large Cap Core Plus in the second quarter valued at $310,000. Cetera Advisors LLC purchased a new stake in ProShares Large Cap Core Plus during the first quarter valued at about $434,000. Finally, Northwestern Mutual Wealth Management Co. raised its position in ProShares Large Cap Core Plus by 2.8% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 8,105 shares of the company’s stock valued at $503,000 after purchasing an additional 217 shares in the last quarter.

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.