ProShares Hedge Replication ETF (NYSEARCA:HDG) Shares Bought by Raymond James & Associates

Raymond James & Associates boosted its stake in shares of ProShares Hedge Replication ETF (NYSEARCA:HDG) by 2.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 51,412 shares of the company’s stock after buying an additional 1,258 shares during the period. Raymond James & Associates owned 0.08% of ProShares Hedge Replication ETF worth $2,501,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. UBS Group AG lifted its stake in shares of ProShares Hedge Replication ETF by 605.4% in the 2nd quarter. UBS Group AG now owns 1,171 shares of the company’s stock valued at $54,000 after purchasing an additional 1,005 shares during the last quarter. LPL Financial LLC acquired a new position in shares of ProShares Hedge Replication ETF in the 4th quarter valued at $233,000. Cutler Investment Counsel LLC lifted its stake in shares of ProShares Hedge Replication ETF by 3.8% in the 3rd quarter. Cutler Investment Counsel LLC now owns 8,603 shares of the company’s stock valued at $408,000 after purchasing an additional 316 shares during the last quarter. CreativeOne Wealth LLC lifted its stake in shares of ProShares Hedge Replication ETF by 41.5% in the 2nd quarter. CreativeOne Wealth LLC now owns 9,032 shares of the company’s stock valued at $437,000 after purchasing an additional 2,651 shares during the last quarter. Finally, Susquehanna International Group LLP acquired a new position in shares of ProShares Hedge Replication ETF in the 1st quarter valued at $485,000.

ProShares Hedge Replication ETF Stock Down 0.2 %

Shares of ProShares Hedge Replication ETF stock opened at $48.71 on Tuesday. The business’s fifty day simple moving average is $48.98 and its 200-day simple moving average is $48.27. ProShares Hedge Replication ETF has a 52 week low of $45.43 and a 52 week high of $49.41. The firm has a market cap of $33.13 million, a PE ratio of 12.08 and a beta of 0.35.

About ProShares Hedge Replication ETF

The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.