Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) Stock Position Lowered by OLD Mission Capital LLC

OLD Mission Capital LLC trimmed its position in shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) by 27.2% during the 4th quarter, HoldingsChannel reports. The firm owned 8,966 shares of the company’s stock after selling 3,358 shares during the quarter. OLD Mission Capital LLC’s holdings in Proshares Equities For Rising Rates ETF were worth $509,000 at the end of the most recent quarter.

Separately, SG Americas Securities LLC boosted its position in shares of Proshares Equities For Rising Rates ETF by 81.2% in the fourth quarter. SG Americas Securities LLC now owns 18,853 shares of the company’s stock worth $1,070,000 after buying an additional 8,446 shares during the period.

Proshares Equities For Rising Rates ETF Trading Down 7.0 %

NASDAQ:EQRR opened at $52.31 on Friday. The business’s fifty day moving average price is $58.83 and its 200 day moving average price is $59.00. The firm has a market capitalization of $9.94 million, a price-to-earnings ratio of 13.90 and a beta of 1.09. Proshares Equities For Rising Rates ETF has a 1-year low of $52.35 and a 1-year high of $62.73.

Proshares Equities For Rising Rates ETF Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Stockholders of record on Wednesday, March 26th were issued a $0.3409 dividend. This is an increase from Proshares Equities For Rising Rates ETF’s previous quarterly dividend of $0.33. The ex-dividend date of this dividend was Wednesday, March 26th. This represents a $1.36 dividend on an annualized basis and a dividend yield of 2.61%.

About Proshares Equities For Rising Rates ETF

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.