Apexium Financial LP Trims Stock Position in ProShares Large Cap Core Plus $CSM

Apexium Financial LP lowered its holdings in shares of ProShares Large Cap Core Plus (BATS:CSM) by 0.9% in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 95,065 shares of the company’s stock after selling 880 shares during the quarter. Apexium Financial LP owned approximately 1.50% of ProShares Large Cap Core Plus worth $6,718,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. PNC Financial Services Group Inc. purchased a new stake in shares of ProShares Large Cap Core Plus during the 1st quarter valued at about $357,000. Freedom Investment Management Inc. grew its stake in shares of ProShares Large Cap Core Plus by 1.1% during the 1st quarter. Freedom Investment Management Inc. now owns 42,615 shares of the company’s stock valued at $2,715,000 after acquiring an additional 448 shares during the period. LPL Financial LLC grew its stake in shares of ProShares Large Cap Core Plus by 16.8% during the 1st quarter. LPL Financial LLC now owns 347,337 shares of the company’s stock valued at $22,132,000 after acquiring an additional 50,022 shares during the period. Private Trust Co. NA grew its stake in shares of ProShares Large Cap Core Plus by 87.2% during the 1st quarter. Private Trust Co. NA now owns 4,750 shares of the company’s stock valued at $303,000 after acquiring an additional 2,213 shares during the period. Finally, Navis Wealth Advisors LLC grew its stake in shares of ProShares Large Cap Core Plus by 9.9% during the 1st quarter. Navis Wealth Advisors LLC now owns 12,380 shares of the company’s stock valued at $789,000 after acquiring an additional 1,120 shares during the period.

ProShares Large Cap Core Plus Trading Up 9.0%

Shares of BATS:CSM opened at $76.90 on Friday. The stock has a 50 day moving average of $74.31 and a 200 day moving average of $69.01. The company has a market cap of $486.78 million, a PE ratio of 20.56 and a beta of 1.02. ProShares Large Cap Core Plus has a 12-month low of $55.06 and a 12-month high of $72.14.

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.