Mercer Global Advisors Inc. ADV Invests $1.47 Million in ProShares Large Cap Core Plus (BATS:CSM)

Mercer Global Advisors Inc. ADV bought a new stake in ProShares Large Cap Core Plus (BATS:CSM) during the fourth quarter, HoldingsChannel reports. The fund bought 22,172 shares of the company’s stock, valued at approximately $1,466,000.

Several other hedge funds and other institutional investors also recently bought and sold shares of CSM. Runnymede Capital Advisors Inc. purchased a new stake in shares of ProShares Large Cap Core Plus in the 4th quarter valued at $34,000. S.A. Mason LLC purchased a new stake in ProShares Large Cap Core Plus in the fourth quarter valued at $37,000. Lee Danner & Bass Inc. acquired a new stake in ProShares Large Cap Core Plus during the 4th quarter worth about $53,000. Hopwood Financial Services Inc. purchased a new position in shares of ProShares Large Cap Core Plus during the 4th quarter valued at about $53,000. Finally, Private Trust Co. NA lifted its holdings in shares of ProShares Large Cap Core Plus by 30.1% in the 4th quarter. Private Trust Co. NA now owns 2,537 shares of the company’s stock valued at $168,000 after buying an additional 587 shares during the period.

ProShares Large Cap Core Plus Stock Down 1.9 %

ProShares Large Cap Core Plus stock opened at $64.81 on Friday. ProShares Large Cap Core Plus has a 52 week low of $55.06 and a 52 week high of $69.20. The firm has a market cap of $435.52 million, a price-to-earnings ratio of 19.64 and a beta of 1.02. The business’s 50-day moving average price is $62.72 and its 200 day moving average price is $65.85.

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.