ProShares Inflation Expectations ETF (NYSEARCA:RINF) Trading Down 0.1% – Time to Sell?

Posted by Mickey Rousseau on Dec 3rd, 2024

Shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF – Get Free Report) fell 0.1% during trading on Monday . The stock traded as low as $32.69 and last traded at $32.69. 8,053 shares were traded during trading, an increase of 27% from the average session volume of 6,354 shares. The stock had previously closed at $32.74.

ProShares Inflation Expectations ETF Price Performance

The business has a fifty day moving average of $32.91 and a 200 day moving average of $32.66.

Hedge Funds Weigh In On ProShares Inflation Expectations ETF

A hedge fund recently bought a new stake in ProShares Inflation Expectations ETF stock. Insigneo Advisory Services LLC purchased a new position in shares of ProShares Inflation Expectations ETF (NYSEARCA:RINF – Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm purchased 8,226 shares of the company’s stock, valued at approximately $260,000. Insigneo Advisory Services LLC owned 1.25% of ProShares Inflation Expectations ETF as of its most recent SEC filing.

About ProShares Inflation Expectations ETF

(Get Free Report)

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.