ProShares Large Cap Core Plus $CSM Shares Sold by Cresset Asset Management LLC

Cresset Asset Management LLC cut its stake in shares of ProShares Large Cap Core Plus (BATS:CSM) by 7.1% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 3,919 shares of the company’s stock after selling 299 shares during the quarter. Cresset Asset Management LLC owned 0.06% of ProShares Large Cap Core Plus worth $250,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of CSM. Cetera Investment Advisers boosted its position in shares of ProShares Large Cap Core Plus by 7.2% in the 4th quarter. Cetera Investment Advisers now owns 14,554 shares of the company’s stock valued at $963,000 after purchasing an additional 982 shares during the period. PNC Financial Services Group Inc. purchased a new stake in ProShares Large Cap Core Plus during the first quarter valued at about $357,000. B. Riley Wealth Advisors Inc. boosted its holdings in shares of ProShares Large Cap Core Plus by 3.9% in the fourth quarter. B. Riley Wealth Advisors Inc. now owns 251,332 shares of the company’s stock worth $16,622,000 after buying an additional 9,360 shares during the period. Private Trust Co. NA boosted its holdings in shares of ProShares Large Cap Core Plus by 87.2% in the first quarter. Private Trust Co. NA now owns 4,750 shares of the company’s stock worth $303,000 after buying an additional 2,213 shares during the period. Finally, LPL Financial LLC increased its position in shares of ProShares Large Cap Core Plus by 16.8% in the first quarter. LPL Financial LLC now owns 347,337 shares of the company’s stock worth $22,132,000 after acquiring an additional 50,022 shares in the last quarter.

ProShares Large Cap Core Plus Price Performance

CSM stock opened at $74.00 on Wednesday. The firm has a market capitalization of $468.43 million, a P/E ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a 52-week low of $55.06 and a 52-week high of $72.14. The company’s 50 day simple moving average is $71.48 and its 200-day simple moving average is $67.29.

About ProShares Large Cap Core Plus

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure.