Point Nemo Capital LLC Sells 21,817 Shares of ProShares K-1 Free Crude Oil ETF $OILK

Point Nemo Capital LLC trimmed its position in ProShares K-1 Free Crude Oil ETF (BATS:OILK) by 18.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 94,159 shares of the company’s stock after selling 21,817 shares during the quarter. ProShares K-1 Free Crude Oil ETF accounts for 2.5% of Point Nemo Capital LLC’s holdings, making the stock its 10th largest holding. Point Nemo Capital LLC owned 5.35% of ProShares K-1 Free Crude Oil ETF worth $5,459,000 at the end of the most recent quarter.

Several other institutional investors have also added to or reduced their stakes in OILK. Commonwealth Equity Services LLC bought a new stake in ProShares K-1 Free Crude Oil ETF during the third quarter worth $6,319,000. Arlington Capital Management INC boosted its holdings in shares of ProShares K-1 Free Crude Oil ETF by 0.3% in the 3rd quarter. Arlington Capital Management INC now owns 102,341 shares of the company’s stock valued at $5,934,000 after purchasing an additional 304 shares in the last quarter. Arlington Capital Management Inc. bought a new position in shares of ProShares K-1 Free Crude Oil ETF in the 2nd quarter valued at $4,846,000. Green Ridge Wealth Planning LLC increased its stake in shares of ProShares K-1 Free Crude Oil ETF by 18.9% in the 2nd quarter. Green Ridge Wealth Planning LLC now owns 65,570 shares of the company’s stock valued at $3,114,000 after purchasing an additional 10,410 shares during the last quarter. Finally, Ethos Financial Group LLC bought a new position in shares of ProShares K-1 Free Crude Oil ETF in the 1st quarter valued at $2,622,000.

ProShares K-1 Free Crude Oil ETF Stock Performance

ProShares K-1 Free Crude Oil ETF stock opened at $52.10 on Friday. ProShares K-1 Free Crude Oil ETF has a 52 week low of $36.13 and a 52 week high of $63.02. The stock has a market capitalization of $215.17 million, a P/E ratio of 30.33 and a beta of 0.07. The stock has a fifty day moving average of $57.29 and a 200-day moving average of $52.69.

About ProShares K-1 Free Crude Oil ETF

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.