Farther Finance Advisors LLC Sells 794 Shares of ProShares High Yield-Interest Rate Hedged ETF $HYHG

Farther Finance Advisors LLC lowered its position in shares of ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) by 48.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 852 shares of the company’s stock after selling 794 shares during the period. Farther Finance Advisors LLC’s holdings in ProShares High Yield-Interest Rate Hedged ETF were worth $55,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. LPL Financial LLC raised its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 15.1% during the 1st quarter. LPL Financial LLC now owns 115,857 shares of the company’s stock valued at $7,420,000 after buying an additional 15,217 shares in the last quarter. Axxcess Wealth Management LLC bought a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the 1st quarter worth approximately $5,062,000. Cetera Investment Advisers purchased a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the 1st quarter valued at $4,388,000. Envestnet Asset Management Inc. boosted its stake in shares of ProShares High Yield-Interest Rate Hedged ETF by 7.1% in the 1st quarter. Envestnet Asset Management Inc. now owns 52,152 shares of the company’s stock valued at $3,340,000 after purchasing an additional 3,442 shares in the last quarter. Finally, Jane Street Group LLC grew its holdings in shares of ProShares High Yield-Interest Rate Hedged ETF by 559.5% during the 1st quarter. Jane Street Group LLC now owns 43,252 shares of the company’s stock valued at $2,770,000 after purchasing an additional 36,694 shares during the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Price Performance

ProShares High Yield-Interest Rate Hedged ETF stock opened at $64.93 on Tuesday. The firm has a fifty day simple moving average of $64.77 and a two-hundred day simple moving average of $64.28. ProShares High Yield-Interest Rate Hedged ETF has a twelve month low of $59.66 and a twelve month high of $66.96.

ProShares High Yield-Interest Rate Hedged ETF Profile

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys.