ProShares Large Cap Core Plus $CSM Shares Sold by Freedom Investment Management Inc.

Freedom Investment Management Inc. lowered its holdings in ProShares Large Cap Core Plus (BATS:CSM) by 2.8% in the 2nd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 41,436 shares of the company’s stock after selling 1,179 shares during the period. Freedom Investment Management Inc. owned approximately 0.65% of ProShares Large Cap Core Plus worth $2,920,000 as of its most recent SEC filing.

Several other large investors also recently made changes to their positions in the business. Private Trust Co. NA increased its position in shares of ProShares Large Cap Core Plus by 87.2% in the first quarter. Private Trust Co. NA now owns 4,750 shares of the company’s stock worth $303,000 after acquiring an additional 2,213 shares in the last quarter. Wealth Enhancement Advisory Services LLC acquired a new stake in ProShares Large Cap Core Plus during the 2nd quarter valued at $206,000. Kingswood Wealth Advisors LLC acquired a new stake in ProShares Large Cap Core Plus during the 2nd quarter valued at $223,000. Manchester Financial Inc. grew its holdings in ProShares Large Cap Core Plus by 49.9% during the 2nd quarter. Manchester Financial Inc. now owns 13,695 shares of the company’s stock valued at $965,000 after purchasing an additional 4,560 shares in the last quarter. Finally, PNC Financial Services Group Inc. acquired a new stake in ProShares Large Cap Core Plus during the 1st quarter valued at $357,000.

ProShares Large Cap Core Plus Trading Up 8.8%

CSM opened at $76.79 on Thursday. The company has a fifty day simple moving average of $75.47 and a 200 day simple moving average of $70.15. The firm has a market cap of $486.08 million, a price-to-earnings ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a twelve month low of $55.06 and a twelve month high of $72.14.

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.