Smithfield Trust Co Buys New Shares in ProShares K-1 Free Crude Oil ETF (BATS:OILK)

Posted by Patrick Bannon on Mar 6th, 2025

Smithfield Trust Co bought a new stake in ProShares K-1 Free Crude Oil ETF (BATS:OILK – Free Report) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 1,200 shares of the company’s stock, valued at approximately $53,000.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jane Street Group LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the third quarter valued at $354,000. Principal Securities Inc. boosted its holdings in ProShares K-1 Free Crude Oil ETF by 25.9% in the fourth quarter. Principal Securities Inc. now owns 1,146 shares of the company’s stock valued at $51,000 after purchasing an additional 236 shares during the period. Finally, Fortis Group Advisors LLC purchased a new position in ProShares K-1 Free Crude Oil ETF in the fourth quarter valued at $3,621,000.

ProShares K-1 Free Crude Oil ETF Price Performance

ProShares K-1 Free Crude Oil ETF stock opened at $40.98 on Thursday. ProShares K-1 Free Crude Oil ETF has a 1-year low of $16.59 and a 1-year high of $23.87. The stock has a market cap of $66.80 million, a PE ratio of 35.09 and a beta of 0.75. The stock’s fifty day moving average is $44.51 and its two-hundred day moving average is $43.77.

ProShares K-1 Free Crude Oil ETF Increases Dividend

The firm also recently declared a dividend, which will be paid on Friday, March 7th. Shareholders of record on Monday, March 3rd will be paid a $0.3218 dividend. The ex-dividend date is Monday, March 3rd. This is a boost from ProShares K-1 Free Crude Oil ETF’s previous dividend of $0.31.

ProShares K-1 Free Crude Oil ETF Profile

(Free Report)

The ProShares K-1 Free Crude Oil Strategy ETF (OILK) is an exchange-traded fund that mostly invests in crude oil commodities. The fund tracks an index holding three separate contracts at equal-weighting with different roll schedules. OILK was launched on Sep 26, 2016 and is managed by ProShares.