Wedbush Securities Inc. Trims Position in ProShares Large Cap Core Plus $CSM

Wedbush Securities Inc. trimmed its holdings in shares of ProShares Large Cap Core Plus (BATS:CSM) by 10.9% in the 2nd quarter, HoldingsChannel.com reports. The fund owned 16,050 shares of the company’s stock after selling 1,963 shares during the quarter. Wedbush Securities Inc.’s holdings in ProShares Large Cap Core Plus were worth $1,131,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also made changes to their positions in the company. Manchester Financial Inc. increased its stake in shares of ProShares Large Cap Core Plus by 49.9% in the second quarter. Manchester Financial Inc. now owns 13,695 shares of the company’s stock worth $965,000 after acquiring an additional 4,560 shares during the period. Kingswood Wealth Advisors LLC acquired a new position in ProShares Large Cap Core Plus during the second quarter valued at $223,000. Wealth Enhancement Advisory Services LLC purchased a new stake in ProShares Large Cap Core Plus in the second quarter valued at $206,000. Royal Bank of Canada grew its position in ProShares Large Cap Core Plus by 57.1% during the 1st quarter. Royal Bank of Canada now owns 25,594 shares of the company’s stock worth $1,631,000 after purchasing an additional 9,298 shares during the period. Finally, Freedom Investment Management Inc. raised its stake in shares of ProShares Large Cap Core Plus by 1.1% during the 1st quarter. Freedom Investment Management Inc. now owns 42,615 shares of the company’s stock valued at $2,715,000 after buying an additional 448 shares during the last quarter.

ProShares Large Cap Core Plus Trading Down 1.5%

Shares of BATS:CSM opened at $77.35 on Monday. ProShares Large Cap Core Plus has a 12-month low of $55.06 and a 12-month high of $72.14. The company has a market capitalization of $489.62 million, a PE ratio of 20.56 and a beta of 1.02. The business has a 50 day moving average of $76.50 and a two-hundred day moving average of $71.93.

ProShares Large Cap Core Plus 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.