ProShares K-1 Free Crude Oil Strategy ETF Price & Performance (OILK)

Principal Securities Inc. increased its holdings in ProShares K-1 Free Crude Oil ETF by 25.9% during the fourth quarter. The firm now owns 1,146 shares valued at $51,000. This ETF, launched in 2016, focuses on crude oil commodities and has recently seen fluctuations in its market performance.1

ProShares K-1 Free Crude Oil ETF (OILK) has seen varied trading strategies recently. Technical indicators suggest buying near $39.84 or shorting around $42.3. These levels reflect resistance and support points, influencing both day trading and longer-term strategies for investors.2

Oil exchange-traded funds, including ProShares K-1 Free Crude Oil ETF, have experienced performance swings. OILK reported a year-to-date return of -3.86%, reflecting the challenges in tracking volatile oil prices. Investors are advised to weigh risks carefully when considering oil ETFs.3