ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG – Get Free Report)’s stock price were up 0.4% on Monday . The stock traded as high as $64.99 and last traded at $64.93. 35,531 shares were traded during mid-day trading, an increase of 156% from the average session volume of 13,906 shares. The stock had previously closed at $64.67.
ProShares High Yield-Interest Rate Hedged ETF Trading Down 0.0%
The company has a 50-day moving average price of $64.76 and a 200-day moving average price of $64.54.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently bought and sold shares of HYHG. Larry Mathis Financial Planning LLC bought a new position in ProShares High Yield-Interest Rate Hedged ETF in the fourth quarter valued at approximately $5,543,000. Alta Fundamental Advisers LLC bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the fourth quarter worth $3,128,000. Jane Street Group LLC increased its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 559.5% during the first quarter. Jane Street Group LLC now owns 43,252 shares of the company’s stock worth $2,770,000 after acquiring an additional 36,694 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 79.5% during the first quarter. Goldman Sachs Group Inc. now owns 34,895 shares of the company’s stock worth $2,235,000 after acquiring an additional 15,459 shares during the period. Finally, MML Investors Services LLC raised its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 16.9% during the fourth quarter. MML Investors Services LLC now owns 71,687 shares of the company’s stock worth $4,617,000 after acquiring an additional 10,366 shares during the period.
About ProShares High Yield-Interest Rate Hedged ETF
The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys. HYHG was launched on May 21, 2013 and is managed by ProShares.
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