KPP Advisory Services LLC Grows Stock Holdings in Proshares Equities For Rising Rates ETF (NASDAQ:EQRR)

KPP Advisory Services LLC boosted its position in Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) by 19.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 12,283 shares of the company’s stock after buying an additional 1,976 shares during the quarter. KPP Advisory Services LLC owned approximately 0.05% of Proshares Equities For Rising Rates ETF worth $711,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of EQRR. International Assets Investment Management LLC raised its holdings in Proshares Equities For Rising Rates ETF by 5,690.1% during the 3rd quarter. International Assets Investment Management LLC now owns 50,663 shares of the company’s stock valued at $2,933,000 after buying an additional 49,788 shares during the last quarter. SG Americas Securities LLC increased its stake in shares of Proshares Equities For Rising Rates ETF by 88.3% during the third quarter. SG Americas Securities LLC now owns 10,407 shares of the company’s stock valued at $603,000 after buying an additional 4,879 shares during the period. Finally, Sanctuary Advisors LLC bought a new position in shares of Proshares Equities For Rising Rates ETF during the second quarter valued at approximately $391,000.

Proshares Equities For Rising Rates ETF Price Performance

NASDAQ:EQRR traded down $0.19 during trading hours on Friday, hitting $60.93. The company had a trading volume of 178 shares, compared to its average volume of 1,784. Proshares Equities For Rising Rates ETF has a 52 week low of $49.48 and a 52 week high of $62.26. The company has a market capitalization of $14.62 million, a PE ratio of 12.11 and a beta of 1.36. The stock has a 50-day moving average price of $58.58 and a 200 day moving average price of $58.38.

Proshares Equities For Rising Rates ETF Increases Dividend

The business also recently declared a dividend, which was paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th were given a dividend of $0.3249 per share. The ex-dividend date of this dividend was Wednesday, September 25th. This is a boost from Proshares Equities For Rising Rates ETF’s previous dividend of $0.27.

Proshares Equities For Rising Rates ETF Profile

The ProShares Equities for Rising Rates ETF (EQRR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. EQRR was launched on Jul 24, 2017 and is managed by ProShares.