Juncture Wealth Strategies LLC lessened its stake in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF – Free Report) by 17.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 11,473 shares of the company’s stock after selling 2,395 shares during the quarter. Juncture Wealth Strategies LLC’s holdings in ProShares Inflation Expectations ETF were worth $374,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds also recently made changes to their positions in RINF. JPMorgan Chase & Co. purchased a new position in shares of ProShares Inflation Expectations ETF during the fourth quarter valued at approximately $36,000. UBS Group AG purchased a new stake in shares of ProShares Inflation Expectations ETF in the third quarter valued at about $110,000. Worth Asset Management LLC bought a new position in shares of ProShares Inflation Expectations ETF during the first quarter valued at about $165,000. Ambassador Advisors LLC purchased a new position in ProShares Inflation Expectations ETF during the first quarter worth about $181,000. Finally, Mutual Advisors LLC purchased a new stake in ProShares Inflation Expectations ETF in the 2nd quarter valued at about $201,000.
ProShares Inflation Expectations ETF Trading Up 0.2 %
Shares of ProShares Inflation Expectations ETF stock opened at $33.81 on Tuesday. The business’s fifty day simple moving average is $33.33 and its 200 day simple moving average is $32.77. ProShares Inflation Expectations ETF has a 12 month low of $30.82 and a 12 month high of $36.14.
ProShares Inflation Expectations ETF Profile
The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.
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