Raymond James & Associates Acquires 278 Shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR)

Raymond James & Associates boosted its holdings in shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) by 5.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 4,986 shares of the company’s stock after purchasing an additional 278 shares during the period. Raymond James & Associates’ holdings in Proshares Equities For Rising Rates ETF were worth $268,000 as of its most recent SEC filing.

Separately, KPP Advisory Services LLC acquired a new stake in Proshares Equities For Rising Rates ETF in the 3rd quarter valued at $581,000.

Proshares Equities For Rising Rates ETF Price Performance

Proshares Equities For Rising Rates ETF stock opened at $60.18 on Tuesday. Proshares Equities For Rising Rates ETF has a 52-week low of $45.18 and a 52-week high of $62.26. The stock has a fifty day moving average price of $59.19 and a two-hundred day moving average price of $54.44. The firm has a market capitalization of $21.66 million, a P/E ratio of 12.62 and a beta of 1.36.

Proshares Equities For Rising Rates ETF Announces Dividend

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