Insigneo Advisory Services LLC Has $204,000 Position in ProShares Inflation Expectations ETF (NYSEARCA:RINF)

Insigneo Advisory Services LLC cut its stake in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF) by 22.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 6,204 shares of the company’s stock after selling 1,768 shares during the period. Insigneo Advisory Services LLC owned about 0.94% of ProShares Inflation Expectations ETF worth $204,000 at the end of the most recent reporting period.

ProShares Inflation Expectations ETF Price Performance

Shares of NYSEARCA:RINF opened at $32.31 on Friday. ProShares Inflation Expectations ETF has a 12-month low of $30.91 and a 12-month high of $33.67. The firm has a fifty day moving average of $32.62 and a two-hundred day moving average of $32.92.

ProShares Inflation Expectations ETF Cuts Dividend

The company also recently announced a dividend, which was paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th were given a $0.2441 dividend. The ex-dividend date was Wednesday, March 26th.

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.