MAI Capital Management Has $376,000 Holdings in ProShares Investment Grade Interest Rate Hedged $IGHG

MAI Capital Management decreased its stake in shares of ProShares Investment Grade Interest Rate Hedged (BATS:IGHG) by 13.6% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 4,798 shares of the company’s stock after selling 754 shares during the quarter. MAI Capital Management owned about 0.14% of ProShares Investment Grade Interest Rate Hedged worth $376,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Empirical Asset Management LLC boosted its stake in ProShares Investment Grade Interest Rate Hedged by 2.7% during the second quarter. Empirical Asset Management LLC now owns 8,317 shares of the company’s stock worth $652,000 after acquiring an additional 220 shares in the last quarter. Comerica Bank boosted its position in shares of ProShares Investment Grade Interest Rate Hedged by 17.1% during the 1st quarter. Comerica Bank now owns 2,952 shares of the company’s stock worth $227,000 after purchasing an additional 432 shares in the last quarter. Rockefeller Capital Management L.P. grew its stake in shares of ProShares Investment Grade Interest Rate Hedged by 3.1% in the 2nd quarter. Rockefeller Capital Management L.P. now owns 17,705 shares of the company’s stock valued at $1,387,000 after buying an additional 540 shares during the period. PNC Financial Services Group Inc. bought a new stake in ProShares Investment Grade Interest Rate Hedged in the 2nd quarter valued at about $49,000. Finally, Envestnet Asset Management Inc. raised its stake in ProShares Investment Grade Interest Rate Hedged by 4.6% during the 2nd quarter. Envestnet Asset Management Inc. now owns 20,314 shares of the company’s stock worth $1,592,000 after buying an additional 891 shares during the period.

ProShares Investment Grade Interest Rate Hedged Trading Up 0.2%

Shares of BATS:IGHG opened at $78.51 on Thursday. The business’s 50 day simple moving average is $78.58 and its two-hundred day simple moving average is $78.36. ProShares Investment Grade Interest Rate Hedged has a 52-week low of $70.68 and a 52-week high of $79.14.

ProShares Investment Grade Interest Rate Hedged Profile

The ProShares Investment Grade—Interest Rate Hedged (IGHG) is an exchange-traded fund that mostly invests in investment grade fixed income. The fund tracks an index with long exposure to USD-denominated investment-grade debt and short exposure to US Treasurys. The fund aims to minimize interest-rate risk.