ProShares Hedge Replication ETF (NYSEARCA:HDG) is Comprehensive Wealth Management LLC’s 9th Largest Position

Comprehensive Wealth Management LLC raised its position in ProShares Hedge Replication ETF (NYSEARCA:HDG) by 37.1% during the third quarter, Holdings Channel reports. The firm owned 33,608 shares of the company’s stock after buying an additional 9,103 shares during the quarter. ProShares Hedge Replication ETF comprises 1.1% of Comprehensive Wealth Management LLC’s portfolio, making the stock its 9th largest holding. Comprehensive Wealth Management LLC owned approximately 0.06% of ProShares Hedge Replication ETF worth $1,676,000 as of its most recent SEC filing.

ProShares Hedge Replication ETF Trading Down 0.2 %

HDG stock opened at $50.18 on Thursday. ProShares Hedge Replication ETF has a 12-month low of $45.43 and a 12-month high of $50.54. The company has a market cap of $28.35 million, a PE ratio of 15.03 and a beta of 0.23. The stock has a 50-day moving average price of $49.85 and a two-hundred day moving average price of $49.53.

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.