ProShares K-1 Free Crude Oil ETF (BATS:OILK – Get Free Report)’s stock price passed below its 200-day moving average during trading on Monday . The stock has a 200-day moving average of $44.89 and traded as low as $42.46. ProShares K-1 Free Crude Oil ETF shares last traded at $42.82, with a volume of 15,220 shares changing hands.
ProShares K-1 Free Crude Oil ETF Stock Up 2.0 %
The business has a fifty day moving average price of $43.44 and a two-hundred day moving average price of $44.85.
Institutional Investors Weigh In On ProShares K-1 Free Crude Oil ETF
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in OILK. Private Advisory Group LLC increased its stake in shares of ProShares K-1 Free Crude Oil ETF by 2.3% in the second quarter. Private Advisory Group LLC now owns 116,532 shares of the company’s stock worth $5,632,000 after acquiring an additional 2,613 shares during the last quarter. Susquehanna International Group LLP increased its position in ProShares K-1 Free Crude Oil ETF by 346.4% in the 2nd quarter. Susquehanna International Group LLP now owns 83,674 shares of the company’s stock worth $4,044,000 after purchasing an additional 64,930 shares during the last quarter. ORG Partners LLC raised its stake in shares of ProShares K-1 Free Crude Oil ETF by 16.2% during the 3rd quarter. ORG Partners LLC now owns 31,996 shares of the company’s stock worth $1,357,000 after purchasing an additional 4,467 shares in the last quarter. Client First Investment Management LLC acquired a new stake in shares of ProShares K-1 Free Crude Oil ETF during the 2nd quarter valued at about $600,000. Finally, Requisite Capital Management LLC bought a new stake in shares of ProShares K-1 Free Crude Oil ETF in the 3rd quarter valued at approximately $437,000.
ProShares K-1 Free Crude Oil ETF Company Profile
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.
Further Reading
- Five stocks we like better than ProShares K-1 Free Crude Oil ETF
- How to Find Undervalued Stocks
- The Great CPU Race: AMD and Intel Battle for Dominance
- How to Invest in Insurance Companies: A Guide
- GameStop Turns a Profit: So What? It’s Still Not Worth Investing
- Find and Profitably Trade Stocks at 52-Week Lows
- C3.ai Stock Surges on Strong Sales Despite Profit Concerns
Receive News & Ratings for ProShares K-1 Free Crude Oil ETF Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares K-1 Free Crude Oil ETF and related companies with MarketBeat.com's FREE daily email newsletter.