Trek Financial LLC trimmed its holdings in ProShares K-1 Free Crude Oil ETF (BATS:OILK – Free Report) by 30.1% in the third quarter, HoldingsChannel reports. The fund owned 516,609 shares of the company’s stock after selling 222,834 shares during the period. ProShares K-1 Free Crude Oil ETF makes up 1.4% of Trek Financial LLC’s investment portfolio, making the stock its 13th biggest position. Trek Financial LLC owned approximately 0.29% of ProShares K-1 Free Crude Oil ETF worth $29,953,000 at the end of the most recent reporting period.
Other institutional investors also recently made changes to their positions in the company. Global View Capital Management LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the 3rd quarter worth $377,000. B. Riley Wealth Advisors Inc. purchased a new stake in ProShares K-1 Free Crude Oil ETF during the third quarter valued at about $1,560,000. Arlington Capital Management Inc. bought a new position in shares of ProShares K-1 Free Crude Oil ETF during the second quarter valued at about $4,846,000. Integrated Wealth Concepts LLC bought a new position in shares of ProShares K-1 Free Crude Oil ETF during the second quarter valued at about $57,000. Finally, Guardian Wealth Advisors LLC NC grew its stake in shares of ProShares K-1 Free Crude Oil ETF by 46.5% during the second quarter. Guardian Wealth Advisors LLC NC now owns 22,963 shares of the company’s stock valued at $1,091,000 after buying an additional 7,286 shares during the last quarter.
ProShares K-1 Free Crude Oil ETF Stock Performance
OILK opened at $62.24 on Monday. The company has a market cap of $109.54 million, a P/E ratio of 30.33 and a beta of 0.50. The business’s 50-day moving average price is $57.32 and its 200-day moving average price is $52.33. ProShares K-1 Free Crude Oil ETF has a 12 month low of $36.13 and a 12 month high of $63.02.
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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Want to see what other hedge funds are holding OILK? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares K-1 Free Crude Oil ETF (BATS:OILK – Free Report).
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