Kingswood Wealth Advisors LLC Acquires New Holdings in ProShares Large Cap Core Plus $CSM

Kingswood Wealth Advisors LLC acquired a new stake in shares of ProShares Large Cap Core Plus (BATS:CSM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 3,159 shares of the company’s stock, valued at approximately $223,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC bought a new position in ProShares Large Cap Core Plus during the second quarter valued at approximately $206,000. Private Trust Co. NA lifted its position in ProShares Large Cap Core Plus by 87.2% during the first quarter. Private Trust Co. NA now owns 4,750 shares of the company’s stock valued at $303,000 after purchasing an additional 2,213 shares during the period. PNC Financial Services Group Inc. bought a new position in ProShares Large Cap Core Plus during the first quarter valued at approximately $357,000. Navis Wealth Advisors LLC lifted its position in ProShares Large Cap Core Plus by 9.9% during the first quarter. Navis Wealth Advisors LLC now owns 12,380 shares of the company’s stock valued at $789,000 after purchasing an additional 1,120 shares during the period. Finally, Royal Bank of Canada raised its position in ProShares Large Cap Core Plus by 57.1% in the first quarter. Royal Bank of Canada now owns 25,594 shares of the company’s stock worth $1,631,000 after acquiring an additional 9,298 shares during the period.

ProShares Large Cap Core Plus Trading Up 6.8%

CSM opened at $75.36 on Friday. ProShares Large Cap Core Plus has a 1-year low of $55.06 and a 1-year high of $72.14. The company has a market capitalization of $477.03 million, a PE ratio of 20.56 and a beta of 1.02. The firm’s 50 day simple moving average is $74.81 and its two-hundred day simple moving average is $69.44.

ProShares Large Cap Core Plus Company Profile

The ProShares Large Cap Core Plus (CSM) is an exchange-traded fund that is based on the Credit Suisse 130\u002F30 Large Cap index. The fund tracks a long\u002Fshort index of the 500 largest US stocks. It uses a set of rules to assign weights to each equity that add up to 130% long and 30% short exposure.