ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG) Share Price Cross Above Two Hundred Day Moving Average – Should You Sell?

ProShares High Yield-Interest Rate Hedged ETF (BATS:HYHG)’s stock price passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of $64.57 and traded as high as $65.79. ProShares High Yield-Interest Rate Hedged ETF shares last traded at $65.72, with a volume of 6,528 shares trading hands.

ProShares High Yield-Interest Rate Hedged ETF Stock Up 0.2 %

The company has a 50 day moving average price of $65.40 and a 200 day moving average price of $64.58.

Institutional Trading of ProShares High Yield-Interest Rate Hedged ETF

Several institutional investors have recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC purchased a new stake in ProShares High Yield-Interest Rate Hedged ETF during the third quarter worth about $107,000. Oppenheimer & Co. Inc. purchased a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF during the third quarter worth $201,000. Rothschild Investment LLC acquired a new stake in shares of ProShares High Yield-Interest Rate Hedged ETF in the second quarter valued at $218,000. KKM Financial LLC boosted its holdings in ProShares High Yield-Interest Rate Hedged ETF by 48.5% in the third quarter. KKM Financial LLC now owns 7,759 shares of the company’s stock valued at $503,000 after purchasing an additional 2,534 shares during the period. Finally, Global Retirement Partners LLC grew its stake in ProShares High Yield-Interest Rate Hedged ETF by 35.4% during the 3rd quarter. Global Retirement Partners LLC now owns 8,667 shares of the company’s stock worth $562,000 after purchasing an additional 2,265 shares in the last quarter.

ProShares High Yield-Interest Rate Hedged ETF Company Profile

The ProShares High Yield—Interest Rate Hedged (HYHG) is an exchange-traded fund that mostly invests in high yield fixed income. The fund tracks a market-value-weighted index that goes long high-yield USD debt from US and Canadian issuers and shorts a duration-matched combination of 2-, 5- and 10-year US Treasurys.