Green Ridge Wealth Planning LLC Boosts Stock Position in ProShares K-1 Free Crude Oil ETF $OILK

Green Ridge Wealth Planning LLC boosted its position in shares of ProShares K-1 Free Crude Oil ETF (BATS:OILK) by 18.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 65,570 shares of the company’s stock after acquiring an additional 10,410 shares during the period. ProShares K-1 Free Crude Oil ETF accounts for 1.3% of Green Ridge Wealth Planning LLC’s holdings, making the stock its 22nd biggest position. Green Ridge Wealth Planning LLC owned 3.73% of ProShares K-1 Free Crude Oil ETF worth $3,114,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Stratos Wealth Partners LTD. raised its stake in ProShares K-1 Free Crude Oil ETF by 1.2% in the 4th quarter. Stratos Wealth Partners LTD. now owns 22,630 shares of the company’s stock worth $844,000 after acquiring an additional 270 shares during the last quarter. Osaic Holdings Inc. lifted its holdings in ProShares K-1 Free Crude Oil ETF by 6.1% in the second quarter. Osaic Holdings Inc. now owns 8,871 shares of the company’s stock valued at $357,000 after acquiring an additional 507 shares during the period. Signet Private Wealth LLC purchased a new stake in ProShares K-1 Free Crude Oil ETF in the 1st quarter worth approximately $237,000. NewEdge Advisors LLC purchased a new stake in ProShares K-1 Free Crude Oil ETF in the 1st quarter worth approximately $287,000. Finally, Jane Street Group LLC acquired a new stake in shares of ProShares K-1 Free Crude Oil ETF during the 4th quarter worth approximately $228,000.

ProShares K-1 Free Crude Oil ETF Price Performance

BATS:OILK opened at $49.24 on Friday. The company has a 50 day moving average price of $51.29 and a 200-day moving average price of $50.74. ProShares K-1 Free Crude Oil ETF has a 1-year low of $36.13 and a 1-year high of $61.33. The firm has a market cap of $86.66 million, a price-to-earnings ratio of 30.33 and a beta of 0.50.

ProShares K-1 Free Crude Oil ETF Profile

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.