ProShares K-1 Free Crude Oil Strategy ETF
OILK

$42.31

1.35%

Market Cap: $91.4M

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

0.09% less ownership

Funds ownership: 49.66% [Q1] → 49.56% (-0.09%) [Q2]

10% less capital invested

Capital invested by funds: $69.5M [Q1] → $62.5M (-$6.93M) [Q2]

14% less funds holding

Funds holding: 43 [Q1] → 37 (-6) [Q2]

40% less first-time investments, than exits

New positions opened: 9 | Existing positions closed: 15

46% less repeat investments, than reductions

Existing positions increased: 7 | Existing positions reduced: 13

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Research analyst outlook

We haven’t received any recent analyst ratings for OILK.

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Financial journalist opinion

Zacks Investment Research

Will OPEC+ Output Cuts At All Boost Oil ETFs Ahead?

In the latest meeting, OPEC+ agreed to extend production cuts of 3.66 million barrels per day (bpd) until the end of 2025, along with prolonging cuts of 2.2 million bpd until September 2024.

Will OPEC+ Output Cuts At All Boost Oil ETFs Ahead?

Zacks Investment Research

U.S. Oil Hovers Around $83: What Lies Ahead for ETFs?

Slowing manufacturing activity may instigate the Fed to cut interest rates earlier-than-expected. While this is a plus for oil ETFs, the U.S. government's efforts to keep oil prices low in the election year may not allow those ETFs to soar ahead.

U.S. Oil Hovers Around $83: What Lies Ahead for ETFs?

OILK: Iran Risk And Global Demand Make This A Good Fund To Consider

Geopolitical risk, particularly involving Iran and Israel, could lead to a significant spike in oil prices and a risk-off period. The ProShares K-1 Free Crude Oil Strategy ETF offers investors exposure to oil futures without the complexities and tax implications of traditional trading. OILK's unique tax structure and investment strategy have been shown to yield higher returns compared to similar ETFs, but it may not closely track the spot price of crude oil.

OILK: Iran Risk And Global Demand Make This A Good Fund To Consider

Zacks Investment Research

Time for Oil & Energy ETFs?

Oil prices have been in great shape this year. If the Gaza truce takes time to materialize, the rally could prolong.

Time for Oil & Energy ETFs?

Zacks Investment Research

Oil Price to Double In Near Term? ETFs in Focus

Goldman Sachs believes that oil prices may surge ahead if Houthi attack continues, as quoted on oilprice.com.

Oil Price to Double In Near Term? ETFs in Focus

Zacks Investment Research

Houthi Attacks in Red Sea to Boost These ETF Areas

Red Sea serves as a critical transit route for oil. Consecutive Houthi attacks in this area for the past two months may boost these ETF areas.

Houthi Attacks in Red Sea to Boost These ETF Areas

OILK: Oil Is A Useful Hedge Against Year Ahead Uncertainties

Oil prices have fallen below the consensus OPEC+ corridor. Yet, oil price ‘puts' from OPEC+ and the Strategic Petroleum Reserve remain intact. With geopolitical premium fading as well, oil futures trackers like OILK screen favorably as a cheap portfolio hedge.

OILK: Oil Is A Useful Hedge Against Year Ahead Uncertainties

CNBC Television

Final Trades: OILK, Eli Lilly, American Express and Humana

Here are today's final trades from the Investment Committee.

Final Trades: OILK, Eli Lilly, American Express and Humana

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