ProShares Inflation Expectations ETF (NYSEARCA:RINF) Stock Price Down 0.7% – Time to Sell?

Shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) were down 0.7% during trading on Monday . The stock traded as low as $32.69 and last traded at $32.91. 7,871 shares traded hands during mid-day trading, an increase of 22% from the average session volume of 6,430 shares. The stock had previously closed at $33.15.

ProShares Inflation Expectations ETF Price Performance

The firm has a 50 day moving average price of $33.05 and a 200-day moving average price of $32.63.

Institutional Inflows and Outflows

An institutional investor recently bought a new position in ProShares Inflation Expectations ETF stock. Insigneo Advisory Services LLC purchased a new position in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 8,226 shares of the company’s stock, valued at approximately $260,000. Insigneo Advisory Services LLC owned approximately 1.25% of ProShares Inflation Expectations ETF at the end of the most recent reporting period.

ProShares Inflation Expectations ETF Company Profile

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.