Comprehensive Wealth Management LLC cut its holdings in shares of ProShares Hedge Replication ETF (NYSEARCA:HDG – Free Report) by 1.2% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 33,195 shares of the company’s stock after selling 413 shares during the quarter. ProShares Hedge Replication ETF accounts for approximately 1.2% of Comprehensive Wealth Management LLC’s holdings, making the stock its 9th biggest holding. Comprehensive Wealth Management LLC owned approximately 5.88% of ProShares Hedge Replication ETF worth $1,639,000 at the end of the most recent quarter.
Separately, Raymond James Financial Inc. bought a new position in shares of ProShares Hedge Replication ETF in the fourth quarter worth approximately $1,882,000.
ProShares Hedge Replication ETF Stock Performance
Shares of ProShares Hedge Replication ETF stock opened at $49.49 on Friday. ProShares Hedge Replication ETF has a 52-week low of $48.41 and a 52-week high of $50.70. The stock has a market capitalization of $24.50 million, a price-to-earnings ratio of 17.84 and a beta of 0.34. The company’s 50 day moving average price is $49.74 and its 200-day moving average price is $49.84.
ProShares Hedge Replication ETF Company Profile
The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.
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