SG Americas Securities LLC Buys 8,446 Shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR)

SG Americas Securities LLC grew its position in shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) by 81.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,853 shares of the company’s stock after acquiring an additional 8,446 shares during the period. SG Americas Securities LLC owned about 8.98% of Proshares Equities For Rising Rates ETF worth $1,070,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in EQRR. Sanctuary Advisors LLC purchased a new position in shares of Proshares Equities For Rising Rates ETF in the 2nd quarter worth about $391,000. KPP Advisory Services LLC raised its holdings in Proshares Equities For Rising Rates ETF by 3.6% in the 2nd quarter. KPP Advisory Services LLC now owns 10,307 shares of the company’s stock worth $601,000 after purchasing an additional 357 shares during the period. Finally, International Assets Investment Management LLC increased its holdings in Proshares Equities For Rising Rates ETF by 5,690.1% in the 3rd quarter. International Assets Investment Management LLC now owns 50,663 shares of the company’s stock worth $2,933,000 after acquiring an additional 49,788 shares in the last quarter.

Proshares Equities For Rising Rates ETF Stock Performance

Shares of Proshares Equities For Rising Rates ETF stock opened at $59.72 on Wednesday. Proshares Equities For Rising Rates ETF has a fifty-two week low of $53.54 and a fifty-two week high of $62.73. The company has a fifty day moving average of $59.19 and a 200 day moving average of $58.58. The company has a market capitalization of $12.54 million, a P/E ratio of 12.11 and a beta of 1.36.

Proshares Equities For Rising Rates ETF Cuts Dividend

The company also recently declared a dividend, which was paid on Tuesday, December 31st. Investors of record on Monday, December 23rd were paid a dividend of $0.303 per share. The ex-dividend date of this dividend was Monday, December 23rd.

Proshares Equities For Rising Rates ETF Company Profile

The ProShares Equities for Rising Rates ETF (EQRR) is an exchange-traded fund that mostly invests in large cap equity. The fund tracks an index of 50 US-listed large-cap stocks that are anticipated to perform favorably during periods of rising interest rates. EQRR was launched on Jul 24, 2017 and is managed by ProShares.