ProShares K-1 Free Crude Oil ETF (BATS:OILK – Get Free Report)’s share 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 firm’s 50 day moving average is $43.44 and its 200-day moving average is $44.85.
Institutional Trading of ProShares K-1 Free Crude Oil ETF
A number of institutional investors and hedge funds have recently made changes to their positions in OILK. Brookstone Capital Management bought a new position in shares of ProShares K-1 Free Crude Oil ETF in the 2nd quarter valued at approximately $269,000. Private Advisory Group LLC boosted its position in ProShares K-1 Free Crude Oil ETF by 2.3% during the second quarter. Private Advisory Group LLC now owns 116,532 shares of the company’s stock worth $5,632,000 after purchasing an additional 2,613 shares during the period. Client First Investment Management LLC acquired a new position in ProShares K-1 Free Crude Oil ETF during the second quarter valued at approximately $600,000. Susquehanna International Group LLP raised its position in shares of ProShares K-1 Free Crude Oil ETF by 346.4% in the second quarter. Susquehanna International Group LLP now owns 83,674 shares of the company’s stock valued at $4,044,000 after purchasing an additional 64,930 shares during the period. Finally, Requisite Capital Management LLC bought a new position in shares of ProShares K-1 Free Crude Oil ETF in the third 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.
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