Trek Financial LLC lessened its holdings in shares of ProShares K-1 Free Crude Oil ETF (BATS:OILK – Free Report) by 30.1% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 516,609 shares of the company’s stock after selling 222,834 shares during the quarter. ProShares K-1 Free Crude Oil ETF comprises 1.4% of Trek Financial LLC’s investment portfolio, making the stock its 13th largest position. Trek Financial LLC owned about 29.35% of ProShares K-1 Free Crude Oil ETF worth $29,953,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors also recently modified their holdings of the company. Integrated Wealth Concepts LLC purchased a new stake in ProShares K-1 Free Crude Oil ETF in the second quarter valued at approximately $57,000. Signet Private Wealth LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the 1st quarter worth approximately $237,000. NewEdge Advisors LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the 1st quarter worth approximately $287,000. Sanctuary Advisors LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the 1st quarter worth approximately $333,000. Finally, Global View Capital Management LLC bought a new position in shares of ProShares K-1 Free Crude Oil ETF in the 3rd quarter worth $377,000.
ProShares K-1 Free Crude Oil ETF Stock Performance
ProShares K-1 Free Crude Oil ETF stock opened at $62.24 on Monday. ProShares K-1 Free Crude Oil ETF has a fifty-two week low of $36.13 and a fifty-two week high of $63.02. The stock has a market cap of $109.54 million, a P/E ratio of 30.33 and a beta of 0.50. The firm’s fifty day moving average price is $57.32 and its 200-day moving average price is $52.33.
ProShares K-1 Free Crude Oil ETF 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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