ProShares Large Cap Core Plus (BATS:CSM) Reaches New 52-Week High – Here’s What Happened

ProShares Large Cap Core Plus (BATS:CSM) shares reached a new 52-week high during mid-day trading on Monday . The stock traded as high as $80.2324 and last traded at $80.5250, with a volume of 9695 shares trading hands. The stock had previously closed at $79.83.

ProShares Large Cap Core Plus Stock Up 1.1%

The company’s 50-day moving average is $78.89 and its 200 day moving average is $75.82. The company has a market cap of $510.74 million, a price-to-earnings ratio of 20.56 and a beta of 1.02.

Hedge Funds Weigh In On ProShares Large Cap Core Plus

Institutional investors and hedge funds have recently modified their holdings of the business. Elmwood Wealth Management Inc. purchased a new position in ProShares Large Cap Core Plus during the fourth quarter worth approximately $1,106,000. NewEdge Advisors LLC acquired a new position in shares of ProShares Large Cap Core Plus during the 3rd quarter worth approximately $315,000. Susquehanna International Group LLP purchased a new position in shares of ProShares Large Cap Core Plus during the 3rd quarter valued at approximately $365,000. Two Sigma Investments LP acquired a new stake in ProShares Large Cap Core Plus in the 3rd quarter valued at $276,000. Finally, Kelman Lazarov Inc. purchased a new stake in ProShares Large Cap Core Plus in the 3rd quarter worth $368,000.

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. CSM was launched on Jul 14, 2009 and is managed by ProShares.