ProShares K-1 Free Crude Oil ETF (BATS:OILK – Get Free Report) traded down 2.1% on Monday . The stock traded as low as $41.07 and last traded at $40.49. 12,429 shares were traded during mid-day trading, a decline of 73% from the average session volume of 46,211 shares. The stock had previously closed at $41.35.
ProShares K-1 Free Crude Oil ETF Price Performance
The company has a market capitalization of $71.26 million, a PE ratio of 30.33 and a beta of 0.50. The stock’s 50 day simple moving average is $40.80 and its 200-day simple moving average is $40.35.
Institutional Inflows and Outflows
Large investors have recently bought and sold shares of the company. Simplex Trading LLC grew its position in shares of ProShares K-1 Free Crude Oil ETF by 50,466.7% in the 2nd quarter. Simplex Trading LLC now owns 3,034 shares of the company’s stock worth $121,000 after acquiring an additional 3,028 shares in the last quarter. Smithfield Trust Co lifted its stake in ProShares K-1 Free Crude Oil ETF by 376.7% during the first quarter. Smithfield Trust Co now owns 5,720 shares of the company’s stock worth $250,000 after purchasing an additional 4,520 shares during the last quarter. NewSquare Capital LLC acquired a new position in ProShares K-1 Free Crude Oil ETF in the first quarter worth $307,000. Osaic Holdings Inc. boosted its holdings in ProShares K-1 Free Crude Oil ETF by 6.1% in the second quarter. Osaic Holdings Inc. now owns 8,871 shares of the company’s stock worth $357,000 after purchasing an additional 507 shares during the period. Finally, Flow Traders U.S. LLC increased its stake in ProShares K-1 Free Crude Oil ETF by 22.2% during the second quarter. Flow Traders U.S. LLC now owns 12,109 shares of the company’s stock valued at $487,000 after purchasing an additional 2,201 shares during the last quarter.
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.
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