1 week Ago By Defense World Staff
LPL Financial LLC decreased its stake in shares of ProShares Equities For Rising Rates ETF (NASDAQ:EQRR – Free Report) by 42.4% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 6,476 shares of the company’s stock after selling 4,762 shares during the quarter.
LPL Financial LLC owned approximately 3.08% of ProShares Equities For Rising Rates ETF worth $367,000 as of its most recent SEC filing. Separately, SG Americas Securities LLC boosted its holdings in 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 valued at $1,070,000 after purchasing an additional 8,446 shares in the last quarter. ProShares Equities For Rising Rates ETF Price PerformanceNASDAQ EQRR opened at $55.
26 on Friday. The company has a market capitalization of $10.50 million, a PE ratio of 14.
54 and a beta of 1.09. ProShares Equities For Rising Rates ETF has a 1 year low of $50.
65 and a 1 year high of $62.73. The company has a fifty day moving average of $56.
89 and a two-hundred day moving average of $58.48. ProShares Equities For Rising Rates ETF Increases DividendThe firm also recently declared a quarterly dividend, which was paid on Tuesday, April 1st.
Investors of record on Wednesday, March 26th were paid a dividend of $0.3409 per share. The ex-dividend date of this dividend was Wednesday, March 26th.
This represents a $1.36 dividend on an annualized basis and a yield of 2.47%.
This is a boost from ProShares Equities For Rising Rates ETF’s previous quarterly dividend of $0.33. ProShares Equities For Rising Rates ETF Company Profile (Free Report)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.Read MoreFive stocks we like better than ProShares Equities For Rising Rates ETFBasic Materials Stocks InvestingMarkets Think Robinhood Earnings Could Send the Stock Up3 Ways To Invest In Coffee, Other Than Drinking ItChurchill Downs Stock: Could Tariff Fears Dampen Derby Gains?Consumer Staples Stocks, ExplainedAT&T: Subscriber Growth & Buybacks Signal Bullish TurnaroundWant to see what other hedge funds are holding EQRR? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for ProShares Equities For Rising Rates ETF (NASDAQ:EQRR – Free Report)..
