Tradewinds Capital Management LLC Takes Position in ProShares K-1 Free Crude Oil ETF $OILK

Tradewinds Capital Management LLC bought a new position in ProShares K-1 Free Crude Oil ETF (BATS:OILK) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 49,663 shares of the company’s stock, valued at approximately $1,991,000. ProShares K-1 Free Crude Oil ETF comprises 0.4% of Tradewinds Capital Management LLC’s investment portfolio, making the stock its 29th largest position. Tradewinds Capital Management LLC owned about 2.82% of ProShares K-1 Free Crude Oil ETF as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Simplex Trading LLC boosted its position in ProShares K-1 Free Crude Oil ETF by 50,466.7% during the 2nd quarter. Simplex Trading LLC now owns 3,034 shares of the company’s stock valued at $121,000 after buying an additional 3,028 shares during the period. NewSquare Capital LLC raised its stake in shares of ProShares K-1 Free Crude Oil ETF by 17.5% during the second quarter. NewSquare Capital LLC now owns 8,285 shares of the company’s stock valued at $333,000 after acquiring an additional 1,233 shares during the last quarter. Osaic Holdings Inc. raised 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 valued at $357,000 after acquiring an additional 507 shares during the last quarter. Flow Traders U.S. LLC boosted its holdings in shares of 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 worth $487,000 after purchasing an additional 2,201 shares during the period. Finally, Royal Bank of Canada grew its stake in shares of ProShares K-1 Free Crude Oil ETF by 2,637.6% in the first quarter. Royal Bank of Canada now owns 15,303 shares of the company’s stock worth $667,000 after purchasing an additional 14,744 shares during the last quarter.

ProShares K-1 Free Crude Oil ETF Price Performance

Shares of BATS:OILK opened at $37.29 on Friday. The stock’s 50-day moving average is $38.14 and its 200 day moving average is $39.74. The company has a market cap of $65.63 million, a PE ratio of 30.33 and a beta of 0.50. ProShares K-1 Free Crude Oil ETF has a 1 year low of $35.50 and a 1 year high of $47.40.

ProShares K-1 Free Crude Oil ETF Company Profile

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.