Tidal Investments LLC Sells 8,770 Shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG)

Tidal Investments LLC lowered its stake in ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 36.9% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 15,029 shares of the company’s stock after selling 8,770 shares during the quarter. Tidal Investments LLC owned about 0.39% of ProShares Investment Grade Interest Rate Hedged worth $1,153,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in IGHG. Capital Advisors Ltd. LLC lifted its position in ProShares Investment Grade Interest Rate Hedged by 15.1% in the 2nd quarter. Capital Advisors Ltd. LLC now owns 23,310 shares of the company’s stock valued at $1,779,000 after acquiring an additional 3,062 shares in the last quarter. Zimmermann Investment Management & Planning LLC lifted its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 58.5% in the second quarter. Zimmermann Investment Management & Planning LLC now owns 70,323 shares of the company’s stock valued at $5,366,000 after purchasing an additional 25,957 shares in the last quarter. International Assets Investment Management LLC acquired a new position in shares of ProShares Investment Grade Interest Rate Hedged during the second quarter worth about $30,000. Dark Forest Capital Management LP bought a new position in shares of ProShares Investment Grade Interest Rate Hedged during the second quarter worth about $2,015,000. Finally, Susquehanna International Group LLP grew its holdings in shares of ProShares Investment Grade Interest Rate Hedged by 103.2% during the second quarter. Susquehanna International Group LLP now owns 72,651 shares of the company’s stock worth $5,544,000 after buying an additional 36,895 shares in the last quarter.

ProShares Investment Grade Interest Rate Hedged Stock Performance

BATS IGHG opened at $77.95 on Friday. ProShares Investment Grade Interest Rate Hedged has a 52 week low of $75.13 and a 52 week high of $78.88. The stock’s 50 day moving average price is $77.89 and its two-hundred day moving average price is $76.89.

About ProShares Investment Grade Interest Rate Hedged

The ProShares Investment Grade—Interest Rate Hedged (IGHG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with long exposure to USD-denominated investment-grade debt and short exposure to US Treasurys. The fund aims to minimize interest-rate risk.