Commonwealth Equity Services LLC Increases Position in ProShares K-1 Free Crude Oil ETF (BATS:OILK)

Commonwealth Equity Services LLC boosted its position in ProShares K-1 Free Crude Oil ETF (BATS:OILK) by 2.6% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 30,647 shares of the company’s stock after acquiring an additional 766 shares during the period. Commonwealth Equity Services LLC’s holdings in ProShares K-1 Free Crude Oil ETF were worth $1,354,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. HighTower Advisors LLC acquired a new stake in shares of ProShares K-1 Free Crude Oil ETF during the fourth quarter worth $4,560,000. Fortis Group Advisors LLC purchased a new position in ProShares K-1 Free Crude Oil ETF during the fourth quarter worth about $3,621,000. Jane Street Group LLC purchased a new position in ProShares K-1 Free Crude Oil ETF during the third quarter worth about $354,000. Smithfield Trust Co acquired a new stake in ProShares K-1 Free Crude Oil ETF in the 4th quarter worth about $53,000. Finally, Principal Securities Inc. grew its holdings in ProShares K-1 Free Crude Oil ETF by 25.9% in the 4th quarter. Principal Securities Inc. now owns 1,146 shares of the company’s stock valued at $51,000 after buying an additional 236 shares during the period.

ProShares K-1 Free Crude Oil ETF Price Performance

BATS OILK opened at $42.48 on Monday. The company has a market cap of $64.14 million, a P/E ratio of 32.76 and a beta of 0.72. ProShares K-1 Free Crude Oil ETF has a 12 month low of $40.21 and a 12 month high of $50.39. The company has a 50-day moving average of $43.40 and a 200-day moving average of $43.52.

ProShares K-1 Free Crude Oil ETF Increases Dividend

The business also recently declared a dividend, which was paid on Friday, March 7th. Investors of record on Monday, March 3rd were given a dividend of $0.3218 per share. This is a positive change from ProShares K-1 Free Crude Oil ETF’s previous dividend of $0.31. The ex-dividend date was Monday, March 3rd.

About ProShares K-1 Free Crude Oil ETF

The ProShares K-1 Free Crude Oil Strategy ETF (OILK) is an exchange-traded fund that mostly invests in crude oil commodities. The fund tracks an index holding three separate contracts at equal-weighting with different roll schedules. OILK was launched on Sep 26, 2016 and is managed by ProShares.