ProShares Inflation Expectations ETF (NYSEARCA:RINF) Trading Up 0.4%

ProShares Inflation Expectations ETF (NYSEARCA:RINF) traded up 0.4% on Friday . The stock traded as high as $31.85 and last traded at $31.85. 1,501 shares traded hands during trading, a decline of 78% from the average session volume of 6,841 shares. The stock had previously closed at $31.71.

ProShares Inflation Expectations ETF Stock Up 0.4 %

The business’s 50 day moving average price is $32.21 and its 200-day moving average price is $32.65.

Institutional Investors Weigh In On ProShares Inflation Expectations ETF

An institutional investor recently bought a new position in ProShares Inflation Expectations ETF stock. Insigneo Advisory Services LLC bought a new position in ProShares Inflation Expectations ETF (NYSEARCA:RINF) in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund bought 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 at the end of the most recent quarter.

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.