ProShares Inflation Expectations ETF (NYSEARCA:RINF) Shares Up 0.1% – Here’s What Happened

Shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) were up 0.1% during trading on Monday . The stock traded as high as $33.11 and last traded at $33.01. Approximately 1,496 shares changed hands during trading, a decline of 77% from the average daily volume of 6,486 shares. The stock had previously closed at $32.99.

ProShares Inflation Expectations ETF Stock Performance

The business’s 50 day moving average is $32.28 and its two-hundred day moving average is $32.66.

Institutional Trading of ProShares Inflation Expectations ETF

An institutional investor recently bought a new position in ProShares Inflation Expectations ETF stock. Insigneo Advisory Services LLC acquired a new stake in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) in the 2nd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 8,226 shares of the company’s stock, valued at approximately $260,000. Insigneo Advisory Services LLC owned about 1.25% of ProShares Inflation Expectations ETF as of its most recent SEC filing.

ProShares Inflation Expectations ETF Company Profile

The ProShares Inflation Expectations ETF (RINF) is an exchange-traded fund that mostly invests in spreads alternatives. The fund tracks an index with long exposure to US TIPS and short exposure to US Treasurys of equal maturity, gaining when yields on Treasurys increase relative to those on TIPS. RINF was launched on Jan 10, 2012 and is managed by ProShares.