ProShares K-1 Free Crude Oil ETF (BATS:OILK – Get Free Report)’s share price were down 0.4% on Friday . The stock traded as low as $49.01 and last traded at $49.24. Approximately 153,235 shares traded hands during mid-day trading, a decline of 35% from the average daily volume of 237,480 shares. The stock had previously closed at $49.43.
ProShares K-1 Free Crude Oil ETF Price Performance
The company has a market cap of $86.66 million, a price-to-earnings ratio of 30.33 and a beta of 0.50. The firm has a 50 day simple moving average of $51.29 and a 200-day simple moving average of $50.74.
Institutional Trading of ProShares K-1 Free Crude Oil ETF
A number of hedge funds and other institutional investors have recently modified their holdings of the business. Stratos Wealth Partners LTD. grew its holdings in shares of ProShares K-1 Free Crude Oil ETF by 1.2% in the fourth quarter. Stratos Wealth Partners LTD. now owns 22,630 shares of the company’s stock valued at $844,000 after purchasing an additional 270 shares in the last quarter. Osaic Holdings Inc. increased its stake in ProShares K-1 Free Crude Oil ETF by 6.1% during the 2nd quarter. Osaic Holdings Inc. now owns 8,871 shares of the company’s stock worth $357,000 after buying an additional 507 shares during the period. Signet Private Wealth LLC acquired a new stake in ProShares K-1 Free Crude Oil ETF during the 1st quarter worth approximately $237,000. NewEdge Advisors LLC acquired a new stake in ProShares K-1 Free Crude Oil ETF during the 1st quarter worth approximately $287,000. Finally, Jane Street Group LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the 4th quarter valued at approximately $228,000.
ProShares K-1 Free Crude Oil ETF Company Profile
The ProShares K-1 Free Crude Oil Strategy ETF (OILK) is an exchange-traded fund that mostly invests in crude oil commodities. The fund tracks an index holding three separate contracts at equal-weighting with different roll schedules. OILK was launched on Sep 26, 2016 and is managed by ProShares.
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