Shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF – Get Free Report) were down 0.1% on Thursday. The company traded as low as $32.39 and last traded at $32.39. 2,086 shares changed hands during mid-day trading, a decline of 50% from the average daily volume of 4,133 shares. The stock had previously closed at $32.43.
ProShares Inflation Expectations ETF Price Performance
The firm’s 50-day moving average is $32.69 and its two-hundred day moving average is $32.47.
Institutional Trading of ProShares Inflation Expectations ETF
An institutional investor recently raised its position in ProShares Inflation Expectations ETF stock. Citadel Advisors LLC grew its holdings in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF – Free Report) by 33.4% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 17,909 shares of the company’s stock after buying an additional 4,483 shares during the quarter. Citadel Advisors LLC owned 3.20% of ProShares Inflation Expectations ETF worth $576,000 at the end of the most recent reporting period.
About ProShares Inflation Expectations ETF
The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.
Further Reading
- Five stocks we like better than ProShares Inflation Expectations ETF
- Hims & Hers Slides Nearly 7% as Legal Pressure Adds to Its Growing List of Risks
- Paychex Plunges, Providing the Entry Investors Have Been Waiting For
- The Case for Buying High-Yield General Mills Just Strengthened
- SanDisk’s $1,800 Breakout Turns Memory Hardware Into a Profit Story
Receive News & Ratings for ProShares Inflation Expectations ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Inflation Expectations ETF and related companies with MarketBeat.com's FREE daily email newsletter.
