ProShares Hedge Replication ETF (NYSEARCA:HDG) Shares Down 0.9%

ProShares Hedge Replication ETF (NYSEARCA:HDG) shares dropped 0.9% during trading on Monday . The stock traded as low as $45.03 and last traded at $44.68, approximately 5,223 shares traded hands during trading. An increase of 24% from the average daily volume of 4,204 shares. The stock had previously closed at $45.07.

The firm’s 50 day moving average is $45.50.

An institutional investor recently bought a new position in ProShares Hedge Replication ETF stock. Deutsche Bank AG purchased a new stake in shares of ProShares Hedge Replication ETF (NYSEARCA:HDG) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 81,131 shares of the company’s stock, valued at approximately $3,493,000. Deutsche Bank AG owned approximately 10.61% of ProShares Hedge Replication ETF at the end of the most recent quarter.

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