Envestnet Asset Management Inc. Sells 8,253 Shares of ProShares Large Cap Core Plus (BATS:CSM)

Envestnet Asset Management Inc. reduced its holdings in ProShares Large Cap Core Plus (BATS:CSM) by 4.7% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 167,252 shares of the company’s stock after selling 8,253 shares during the period. Envestnet Asset Management Inc. owned approximately 2.30% of ProShares Large Cap Core Plus worth $10,375,000 as of its most recent SEC filing.

Other large investors also recently modified their holdings of the company. B. Riley Wealth Advisors Inc. increased its position in ProShares Large Cap Core Plus by 45.9% during the first quarter. B. Riley Wealth Advisors Inc. now owns 398,841 shares of the company’s stock worth $24,226,000 after acquiring an additional 125,522 shares during the period. Wells Fargo & Company MN grew its position in ProShares Large Cap Core Plus by 14.5% in the 4th quarter. Wells Fargo & Company MN now owns 294,953 shares of the company’s stock worth $16,155,000 after purchasing an additional 37,458 shares during the last quarter. Stifel Financial Corp increased its holdings in shares of ProShares Large Cap Core Plus by 15.4% during the 4th quarter. Stifel Financial Corp now owns 96,273 shares of the company’s stock worth $5,273,000 after purchasing an additional 12,854 shares during the period. Raymond James & Associates increased its stake in ProShares Large Cap Core Plus by 60.4% during the second quarter. Raymond James & Associates now owns 19,396 shares of the company’s stock valued at $1,203,000 after acquiring an additional 7,305 shares during the period. Finally, Cetera Advisors LLC bought a new stake in shares of ProShares Large Cap Core Plus during the first quarter valued at approximately $434,000.

ProShares Large Cap Core Plus Stock Performance

Shares of CSM stock opened at $65.17 on Friday. The firm has a fifty day moving average of $62.55 and a 200-day moving average of $61.08. The stock has a market cap of $474.44 million, a price-to-earnings ratio of 19.45 and a beta of 1.00. ProShares Large Cap Core Plus has a 52-week low of $57.15 and a 52-week high of $71.32.

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.