Soundwatch Capital LLC Makes New Investment in ProShares Large Cap Core Plus $CSM

Soundwatch Capital LLC purchased a new position in ProShares Large Cap Core Plus (BATS:CSM) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 5,796 shares of the company’s stock, valued at approximately $462,000. ProShares Large Cap Core Plus accounts for 0.1% of Soundwatch Capital LLC’s portfolio, making the stock its 27th biggest holding.

A number of other institutional investors and hedge funds have also recently bought and sold shares of CSM. Royal Bank of Canada boosted its holdings in ProShares Large Cap Core Plus by 57.1% in the 1st quarter. Royal Bank of Canada now owns 25,594 shares of the company’s stock worth $1,631,000 after acquiring an additional 9,298 shares during the period. JPMorgan Chase & Co. purchased a new position in ProShares Large Cap Core Plus in the 2nd quarter worth approximately $26,000. First Trust Advisors LP purchased a new position in ProShares Large Cap Core Plus in the 2nd quarter worth approximately $365,000. Cerity Partners LLC boosted its holdings in ProShares Large Cap Core Plus by 1.0% in the 2nd quarter. Cerity Partners LLC now owns 29,970 shares of the company’s stock worth $2,112,000 after acquiring an additional 296 shares during the period. Finally, Waterfront Wealth Inc. boosted its holdings in ProShares Large Cap Core Plus by 4.0% in the 3rd quarter. Waterfront Wealth Inc. now owns 105,182 shares of the company’s stock worth $8,072,000 after acquiring an additional 3,999 shares during the period.

ProShares Large Cap Core Plus Stock Up 0.3%

BATS CSM opened at $87.05 on Friday. The stock has a market cap of $551.03 million, a PE ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a fifty-two week low of $66.76 and a fifty-two week high of $87.05. The business has a 50 day moving average price of $80.79 and a two-hundred day moving average price of $79.61.

About ProShares Large Cap Core Plus

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. CSM was launched on Jul 14, 2009 and is managed by ProShares.