ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Stock Price Down 0.1% – Here’s What Happened

Shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) fell 0.1% on Thursday . The company traded as low as $64.33 and last traded at $64.60. 10,311 shares traded hands during trading, a decline of 21% from the average session volume of 13,035 shares. The stock had previously closed at $64.68.

ProShares High Yield-Interest Rate Hedged ETF Price Performance

The stock has a 50 day moving average price of $64.20 and a 200 day moving average price of $64.37.

Hedge Funds Weigh In On ProShares High Yield-Interest Rate Hedged ETF

A number of hedge funds have recently made changes to their positions in HYHG. Geneos Wealth Management Inc. raised its stake in ProShares High Yield-Interest Rate Hedged ETF by 2.9% during the 1st quarter. Geneos Wealth Management Inc. now owns 10,341 shares of the company’s stock valued at $659,000 after purchasing an additional 294 shares during the period. Anchor Investment Management LLC boosted its stake in ProShares High Yield-Interest Rate Hedged ETF by 490.0% in the 1st quarter. Anchor Investment Management LLC now owns 2,950 shares of the company’s stock worth $188,000 after purchasing an additional 2,450 shares during the period. Larry Mathis Financial Planning LLC grew its holdings in ProShares High Yield-Interest Rate Hedged ETF by 0.3% during the 1st quarter. Larry Mathis Financial Planning LLC now owns 86,357 shares of the company’s stock valued at $5,503,000 after buying an additional 280 shares in the last quarter. Tactive Advisors LLC raised its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 40.6% during the first quarter. Tactive Advisors LLC now owns 25,186 shares of the company’s stock valued at $1,605,000 after buying an additional 7,271 shares during the last quarter. Finally, Claro Advisors Inc. raised its position in shares of ProShares High Yield-Interest Rate Hedged ETF by 49.0% during the fourth quarter. Claro Advisors Inc. now owns 12,536 shares of the company’s stock valued at $807,000 after buying an additional 4,125 shares during the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

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.