Raymond James Financial Inc. Lowers Holdings in ProShares Large Cap Core Plus $CSM

Raymond James Financial Inc. lessened its stake in ProShares Large Cap Core Plus (BATS:CSM) by 3.6% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 49,159 shares of the company’s stock after selling 1,845 shares during the quarter. Raymond James Financial Inc. owned 0.73% of ProShares Large Cap Core Plus worth $3,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently modified their holdings of the stock. Private Trust Co. NA grew its holdings in shares of ProShares Large Cap Core Plus by 87.2% during the first quarter. Private Trust Co. NA now owns 4,750 shares of the company’s stock valued at $303,000 after buying an additional 2,213 shares during the last quarter. PNC Financial Services Group Inc. purchased a new stake in shares of ProShares Large Cap Core Plus during the first quarter valued at approximately $357,000. Navis Wealth Advisors LLC grew its holdings in shares of ProShares Large Cap Core Plus by 9.9% during the first quarter. Navis Wealth Advisors LLC now owns 12,380 shares of the company’s stock valued at $789,000 after buying an additional 1,120 shares during the last quarter. Cetera Investment Advisers grew its holdings in shares of ProShares Large Cap Core Plus by 7.2% during the fourth quarter. Cetera Investment Advisers now owns 14,554 shares of the company’s stock valued at $963,000 after buying an additional 982 shares during the last quarter. Finally, Baird Financial Group Inc. grew its holdings in shares of ProShares Large Cap Core Plus by 6.5% during the fourth quarter. Baird Financial Group Inc. now owns 43,644 shares of the company’s stock valued at $2,886,000 after buying an additional 2,679 shares during the last quarter.

ProShares Large Cap Core Plus Stock Up 5.7%

BATS:CSM opened at $74.62 on Monday. The company’s 50 day moving average price is $72.35 and its 200-day moving average price is $67.60. ProShares Large Cap Core Plus has a 52 week low of $55.06 and a 52 week high of $72.14. The stock has a market cap of $472.31 million, a price-to-earnings ratio of 20.56 and a beta of 1.02.

ProShares Large Cap Core Plus Company Profile

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.