SG Americas Securities LLC Reduces Holdings in ProShares Equities For Rising Rates ETF $EQRR

SG Americas Securities LLC trimmed its stake in shares of ProShares Equities For Rising Rates ETF (NASDAQ:EQRR) by 66.0% during the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 8,151 shares of the company’s stock after selling 15,827 shares during the quarter. SG Americas Securities LLC owned approximately 1.54% of ProShares Equities For Rising Rates ETF worth $567,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other large investors have also bought and sold shares of EQRR. International Assets Investment Management LLC bought a new stake in ProShares Equities For Rising Rates ETF in the fourth quarter valued at approximately $31,000. Steward Partners Investment Advisory LLC bought a new position in shares of ProShares Equities For Rising Rates ETF in the fourth quarter worth approximately $79,000. Royal Bank of Canada increased its stake in shares of ProShares Equities For Rising Rates ETF by 17.2% in the fourth quarter. Royal Bank of Canada now owns 4,098 shares of the company’s stock worth $264,000 after buying an additional 600 shares during the period. Citadel Advisors LLC increased its stake in shares of ProShares Equities For Rising Rates ETF by 11.9% in the third quarter. Citadel Advisors LLC now owns 7,826 shares of the company’s stock worth $494,000 after buying an additional 831 shares during the period. Finally, Susquehanna International Group LLP raised its holdings in ProShares Equities For Rising Rates ETF by 63.1% during the 3rd quarter. Susquehanna International Group LLP now owns 7,834 shares of the company’s stock valued at $495,000 after buying an additional 3,032 shares during the last quarter.

ProShares Equities For Rising Rates ETF Stock Up 0.3%

NASDAQ:EQRR opened at $80.09 on Wednesday. The firm has a market capitalization of $36.04 million, a P/E ratio of 16.51 and a beta of 0.90. The company has a fifty day moving average of $78.75 and a 200 day moving average of $71.88. ProShares Equities For Rising Rates ETF has a 52 week low of $59.19 and a 52 week high of $82.53.

ProShares Equities For Rising Rates ETF Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, June 30th. Stockholders of record on Wednesday, June 24th were paid a dividend of $0.1981 per share. This represents a $0.79 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend was Wednesday, June 24th.

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.