ProShares K-1 Free Crude Oil ETF $OILK Shares Sold by Faithward Advisors LLC

Faithward Advisors LLC trimmed its holdings in shares of ProShares K-1 Free Crude Oil ETF (BATS:OILK) by 93.0% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 13,246 shares of the company’s stock after selling 177,193 shares during the period. Faithward Advisors LLC owned 0.75% of ProShares K-1 Free Crude Oil ETF worth $531,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently added to or reduced their stakes in the company. Osaic Holdings Inc. lifted its stake in shares of ProShares K-1 Free Crude Oil ETF by 6.1% during 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 in the last quarter. Flow Traders U.S. LLC grew its stake in shares of ProShares K-1 Free Crude Oil ETF by 22.2% in the second quarter. Flow Traders U.S. LLC now owns 12,109 shares of the company’s stock valued at $487,000 after buying an additional 2,201 shares in the last quarter. HighTower Advisors LLC grew its stake in shares of ProShares K-1 Free Crude Oil ETF by 5.5% in the third quarter. HighTower Advisors LLC now owns 105,461 shares of the company’s stock valued at $4,229,000 after buying an additional 5,543 shares in the last quarter. Sugar Maple Asset Management LLC purchased a new stake in shares of ProShares K-1 Free Crude Oil ETF during the 3rd quarter valued at about $361,000. Finally, Royal Bank of Canada raised its holdings in shares of ProShares K-1 Free Crude Oil ETF by 2,637.6% during the 1st quarter. Royal Bank of Canada now owns 15,303 shares of the company’s stock valued at $667,000 after buying an additional 14,744 shares during the period.

ProShares K-1 Free Crude Oil ETF Stock Performance

ProShares K-1 Free Crude Oil ETF stock opened at $56.28 on Thursday. The firm has a market capitalization of $99.05 million, a PE ratio of 30.33 and a beta of 0.50. ProShares K-1 Free Crude Oil ETF has a one year low of $35.50 and a one year high of $56.42. The stock’s 50 day moving average price is $43.16 and its 200 day moving average price is $40.34.

ProShares K-1 Free Crude Oil ETF Increases Dividend

The company also recently announced a monthly dividend, which was paid on Friday, March 6th. Stockholders of record on Monday, March 2nd were given a dividend of $0.2653 per share. The ex-dividend date of this dividend was Monday, March 2nd. This is an increase from ProShares K-1 Free Crude Oil ETF’s previous monthly dividend of $0.03. This represents a c) dividend on an annualized basis and a dividend yield of 5.7%.

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.