KPP Advisory Services LLC Purchases 357 Shares of Proshares Equities For Rising Rates ETF (NASDAQ:EQRR)

KPP Advisory Services LLC raised its position in Proshares Equities For Rising Rates ETF (NASDAQ:EQRR) by 3.6% during the second quarter, HoldingsChannel.com reports. The firm owned 10,307 shares of the company’s stock after purchasing an additional 357 shares during the period. KPP Advisory Services LLC’s holdings in Proshares Equities For Rising Rates ETF were worth $601,000 at the end of the most recent quarter.

Separately, SG Americas Securities LLC lifted its position in shares of Proshares Equities For Rising Rates ETF by 28.4% during the first quarter. SG Americas Securities LLC now owns 5,775 shares of the company’s stock worth $354,000 after purchasing an additional 1,276 shares during the last quarter.

Proshares Equities For Rising Rates ETF Trading Down 0.2 %

NASDAQ EQRR opened at $57.90 on Tuesday. Proshares Equities For Rising Rates ETF has a 12 month low of $47.08 and a 12 month high of $62.26. The company’s 50-day moving average price is $57.39 and its 200-day moving average price is $58.64. The stock has a market cap of $15.63 million, a PE ratio of 12.11 and a beta of 1.36.

Proshares Equities For Rising Rates ETF Increases Dividend

The company also recently declared a dividend, which will be paid on Wednesday, October 2nd. Investors of record on Wednesday, September 25th will be issued a $0.3249 dividend. This is a positive change from Proshares Equities For Rising Rates ETF’s previous dividend of $0.27. The ex-dividend date is Wednesday, September 25th.

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.