ProShares Large Cap Core Plus (BATS:CSM) Sets New 12-Month High – What’s Next?

Shares of ProShares Large Cap Core Plus (BATS:CSM) reached a new 52-week high on Tuesday . The stock traded as high as $85.98 and last traded at $85.98, with a volume of 457 shares traded. The stock had previously closed at $84.92.

ProShares Large Cap Core Plus Trading Up 0.6%

The stock has a market cap of $549.32 million, a P/E ratio of 20.56 and a beta of 1.02. The firm has a 50-day simple moving average of $80.57 and a two-hundred day simple moving average of $79.56.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Fifth Third Bancorp bought a new position in ProShares Large Cap Core Plus during the 4th quarter worth $25,000. JPMorgan Chase & Co. bought a new position in ProShares Large Cap Core Plus during the 2nd quarter worth $26,000. Sequent Planning LLC bought a new position in ProShares Large Cap Core Plus during the 4th quarter worth $212,000. Stratos Wealth Partners LTD. bought a new position in ProShares Large Cap Core Plus during the 4th quarter worth $243,000. Finally, Two Sigma Investments LP bought a new position in ProShares Large Cap Core Plus during the 3rd quarter worth $276,000.

ProShares Large Cap Core Plus Company 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. CSM was launched on Jul 14, 2009 and is managed by ProShares.