CreativeOne Wealth LLC Has $642,000 Stock Position in ProShares Hedge Replication ETF (NYSEARCA:HDG)

CreativeOne Wealth LLC reduced its position in ProShares Hedge Replication ETF (NYSEARCA:HDG) by 17.3% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 13,041 shares of the company’s stock after selling 2,720 shares during the period. CreativeOne Wealth LLC owned 2.31% of ProShares Hedge Replication ETF worth $642,000 at the end of the most recent reporting period.

Separately, Raymond James & Associates increased its stake in shares of ProShares Hedge Replication ETF by 2.5% in the 4th quarter. Raymond James & Associates now owns 51,412 shares of the company’s stock valued at $2,501,000 after buying an additional 1,258 shares during the period.

ProShares Hedge Replication ETF Price Performance

Shares of NYSEARCA HDG traded up $0.18 during midday trading on Friday, hitting $49.77. The stock had a trading volume of 3,383 shares, compared to its average volume of 1,827. The company’s 50-day simple moving average is $49.30 and its 200 day simple moving average is $48.99. The firm has a market cap of $28.12 million, a P/E ratio of 15.03 and a beta of 0.23. ProShares Hedge Replication ETF has a fifty-two week low of $45.43 and a fifty-two week high of $50.06.

About ProShares Hedge Replication ETF

The ProShares Hedge Replication ETF (HDG) is an exchange-traded fund that mostly invests in multi-strategy alternatives. The fund tracks an index that uses long and short exposure to equity, Treasury and currency indexes, and individual securities to mimic the returns of a broad hedge fund index. HDG was launched on Jul 12, 2011 and is managed by ProShares.