ProShares Inflation Expectations ETF (NYSEARCA:RINF – Get Free Report) shares traded up 0.1% during trading on Monday . The stock traded as high as $33.11 and last traded at $33.01. 1,496 shares changed hands during mid-day trading, a decline of 77% from the average session volume of 6,486 shares. The stock had previously closed at $32.99.
ProShares Inflation Expectations ETF Price Performance
The firm has a 50-day moving average of $32.22 and a 200 day moving average of $32.66.
Hedge Funds Weigh In On ProShares Inflation Expectations ETF
An institutional investor recently bought a new position in ProShares Inflation Expectations ETF stock. Insigneo Advisory Services LLC acquired a new position in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 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 as of its most recent SEC filing.
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.
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