International Assets Investment Management LLC Acquires 46,208 Shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR)

International Assets Investment Management LLC lifted its holdings in shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) by 5,280.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 47,083 shares of the company’s stock after acquiring an additional 46,208 shares during the quarter. International Assets Investment Management LLC owned approximately 0.12% of Proshares Equities For Rising Rates ETF worth $2,534,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Raymond James & Associates raised its holdings in shares of Proshares Equities For Rising Rates ETF by 5.9% during the fourth quarter. Raymond James & Associates now owns 4,986 shares of the company’s stock valued at $268,000 after acquiring an additional 278 shares in the last quarter. Goldman Sachs Group Inc. raised its holdings in shares of Proshares Equities For Rising Rates ETF by 4.7% during the second quarter. Goldman Sachs Group Inc. now owns 6,211 shares of the company’s stock valued at $306,000 after acquiring an additional 280 shares in the last quarter. Osaic Holdings Inc. raised its holdings in shares of Proshares Equities For Rising Rates ETF by 5.6% during the second quarter. Osaic Holdings Inc. now owns 15,189 shares of the company’s stock valued at $748,000 after acquiring an additional 799 shares in the last quarter. Money Concepts Capital Corp bought a new position in shares of Proshares Equities For Rising Rates ETF during the fourth quarter valued at approximately $101,000. Finally, Advisor Group Holdings Inc. raised its holdings in shares of Proshares Equities For Rising Rates ETF by 27.9% during the fourth quarter. Advisor Group Holdings Inc. now owns 10,347 shares of the company’s stock valued at $525,000 after acquiring an additional 2,254 shares in the last quarter.

Proshares Equities For Rising Rates ETF Stock Up 0.4 %

Shares of Proshares Equities For Rising Rates ETF stock opened at $59.36 on Friday. The company has a market cap of $21.37 million, a PE ratio of 9.82 and a beta of 1.36. The business has a 50 day moving average of $58.45 and a 200 day moving average of $53.85. Proshares Equities For Rising Rates ETF has a 52 week low of $45.18 and a 52 week high of $62.26.

Proshares Equities For Rising Rates ETF Announces Dividend

The company also recently disclosed a dividend, which was paid on Wednesday, March 27th. Shareholders of record on Thursday, March 21st were issued a $0.2683 dividend. The ex-dividend date of this dividend was Wednesday, March 20th.

About Proshares Equities For Rising Rates ETF

The ProShares Equities for Rising Rates ETF (EQRR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. EQRR was launched on Jul 24, 2017 and is managed by ProShares.