HighTower Advisors LLC Sells 41,793 Shares of ProShares K-1 Free Crude Oil ETF $OILK

HighTower Advisors LLC lessened its position in ProShares K-1 Free Crude Oil ETF (BATS:OILK) by 40.5% in the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 61,436 shares of the company’s stock after selling 41,793 shares during the period. HighTower Advisors LLC owned approximately 3.89% of ProShares K-1 Free Crude Oil ETF worth $2,677,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. JPMorgan Chase & Co. increased its stake in ProShares K-1 Free Crude Oil ETF by 8.6% in the fourth quarter. JPMorgan Chase & Co. now owns 4,532 shares of the company’s stock valued at $200,000 after purchasing an additional 360 shares in the last quarter. Smithfield Trust Co boosted its holdings in shares of ProShares K-1 Free Crude Oil ETF by 376.7% in the first quarter. Smithfield Trust Co now owns 5,720 shares of the company’s stock valued at $250,000 after buying an additional 4,520 shares during the period. NewSquare Capital LLC acquired a new position in shares of ProShares K-1 Free Crude Oil ETF in the first quarter valued at approximately $307,000. Jane Street Group LLC boosted its holdings in shares of ProShares K-1 Free Crude Oil ETF by 74.0% in the fourth quarter. Jane Street Group LLC now owns 14,518 shares of the company’s stock valued at $641,000 after buying an additional 6,172 shares during the period. Finally, Guardian Wealth Advisors LLC NC boosted its holdings in shares of ProShares K-1 Free Crude Oil ETF by 15.9% in the fourth quarter. Guardian Wealth Advisors LLC NC now owns 24,964 shares of the company’s stock valued at $1,103,000 after buying an additional 3,425 shares during the period.

ProShares K-1 Free Crude Oil ETF Stock Down 1.2%

ProShares K-1 Free Crude Oil ETF stock opened at $40.8440 on Friday. The company has a 50 day moving average of $41.24 and a 200-day moving average of $40.85. ProShares K-1 Free Crude Oil ETF has a twelve month low of $35.50 and a twelve month high of $47.40. The stock has a market capitalization of $71.89 million, a PE ratio of 30.33 and a beta of 0.50.

About ProShares K-1 Free Crude Oil ETF

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.