Waterfront Wealth Inc. Purchases 25,172 Shares of ProShares Large Cap Core Plus $CSM

Waterfront Wealth Inc. boosted its position in ProShares Large Cap Core Plus (BATS:CSM) by 23.1% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 134,277 shares of the company’s stock after acquiring an additional 25,172 shares during the period. ProShares Large Cap Core Plus comprises approximately 1.8% of Waterfront Wealth Inc.’s holdings, making the stock its 6th biggest holding. Waterfront Wealth Inc.’s holdings in ProShares Large Cap Core Plus were worth $10,047,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Fifth Third Bancorp acquired a new stake in shares of ProShares Large Cap Core Plus during the fourth quarter worth $25,000. JPMorgan Chase & Co. purchased a new position in ProShares Large Cap Core Plus during the second quarter worth about $26,000. Sequent Planning LLC purchased a new position in ProShares Large Cap Core Plus during the fourth quarter worth about $212,000. Stratos Wealth Partners LTD. acquired a new stake in ProShares Large Cap Core Plus in the 4th quarter worth about $243,000. Finally, Two Sigma Investments LP acquired a new stake in ProShares Large Cap Core Plus in the 3rd quarter worth about $276,000.

ProShares Large Cap Core Plus Price Performance

CSM opened at $85.96 on Friday. The stock has a market capitalization of $544.13 million, a price-to-earnings ratio of 20.56 and a beta of 1.02. The business has a 50-day moving average of $85.04 and a two-hundred day moving average of $81.03. ProShares Large Cap Core Plus has a 12 month low of $70.42 and a 12 month high of $87.60.

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.