ProShares K-1 Free Crude Oil ETF (BATS:OILK – Get Free Report)’s share price dropped 2.7% during trading on Thursday . The stock traded as low as $54.70 and last traded at $54.89. Approximately 383,350 shares were traded during trading, an increase of 54% from the average daily volume of 248,977 shares. The stock had previously closed at $56.44.
ProShares K-1 Free Crude Oil ETF Stock Performance
The stock has a market capitalization of $96.61 million, a P/E ratio of 30.33 and a beta of 0.50. The firm has a 50-day moving average price of $56.24 and a 200 day moving average price of $47.24.
Hedge Funds Weigh In On ProShares K-1 Free Crude Oil ETF
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Stratos Wealth Partners LTD. grew its position in ProShares K-1 Free Crude Oil ETF by 1.2% during the 4th quarter. Stratos Wealth Partners LTD. now owns 22,630 shares of the company’s stock worth $844,000 after acquiring an additional 270 shares during the last quarter. Osaic Holdings Inc. grew its position 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 acquiring an additional 507 shares during the last quarter. Signet Private Wealth LLC bought a new position in ProShares K-1 Free Crude Oil ETF during the 1st quarter worth approximately $237,000. NewEdge Advisors LLC bought a new position in ProShares K-1 Free Crude Oil ETF during the 1st quarter worth approximately $287,000. Finally, HighTower Advisors LLC grew its position in ProShares K-1 Free Crude Oil ETF by 5.5% during the 3rd quarter. HighTower Advisors LLC now owns 105,461 shares of the company’s stock worth $4,229,000 after acquiring an additional 5,543 shares during the last quarter.
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.
Featured Stories
- Five stocks we like better than ProShares K-1 Free Crude Oil ETF
- Microsoft Just Gave Investors 3 Dates They Can’t Afford to Ignore
- NVIDIA’s Outlook Gains Momentum: Stock Price to Follow
- The World Cup Is Coming—These 3 Stocks Could Cash In
- Spotify’s “North Star” Outlook Was Music to Investors Ears
Receive News & Ratings for ProShares K-1 Free Crude Oil ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares K-1 Free Crude Oil ETF and related companies with MarketBeat.com's FREE daily email newsletter.
-logo-1200x675.png){kind=logo}
