Simplex Trading LLC Increases Stake in ProShares K-1 Free Crude Oil ETF $OILK

Simplex Trading LLC boosted its holdings in shares of ProShares K-1 Free Crude Oil ETF (BATS:OILK) by 50,466.7% during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 3,034 shares of the company’s stock after buying an additional 3,028 shares during the quarter. Simplex Trading LLC owned 0.17% of ProShares K-1 Free Crude Oil ETF worth $121,000 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. Prudential PLC purchased a new stake in shares of ProShares K-1 Free Crude Oil ETF during the first quarter worth $1,504,000. Private Advisory Group LLC grew its stake in ProShares K-1 Free Crude Oil ETF by 199.7% during the 1st quarter. Private Advisory Group LLC now owns 25,223 shares of the company’s stock worth $1,099,000 after purchasing an additional 16,808 shares in the last quarter. Royal Bank of Canada grew its stake in ProShares K-1 Free Crude Oil ETF by 2,637.6% during the 1st 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 in the last quarter. Smithfield Trust Co increased its holdings in ProShares K-1 Free Crude Oil ETF by 376.7% during the 1st quarter. Smithfield Trust Co now owns 5,720 shares of the company’s stock worth $250,000 after purchasing an additional 4,520 shares during the period. Finally, NewSquare Capital LLC raised its position in ProShares K-1 Free Crude Oil ETF by 17.5% in the 2nd quarter. NewSquare Capital LLC now owns 8,285 shares of the company’s stock valued at $333,000 after purchasing an additional 1,233 shares in the last quarter.

ProShares K-1 Free Crude Oil ETF Stock Performance

Shares of OILK opened at $38.79 on Monday. ProShares K-1 Free Crude Oil ETF has a 1 year low of $35.50 and a 1 year high of $47.40. The stock has a market capitalization of $68.27 million, a PE ratio of 30.33 and a beta of 0.50. The stock has a 50-day simple moving average of $39.44 and a 200-day simple moving average of $40.05.

ProShares K-1 Free Crude Oil ETF 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.