ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) Shares Sold by Park Edge Advisors LLC

Park Edge Advisors LLC trimmed its position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 90.4% in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 20,172 shares of the exchange traded fund’s stock after selling 190,156 shares during the period. Park Edge Advisors LLC owned approximately 0.20% of ProShares UltraShort 20+ Year Treasury worth $601,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in TBT. BNP Paribas Financial Markets acquired a new position in shares of ProShares UltraShort 20+ Year Treasury in the 1st quarter worth approximately $19,866,000. First National Corp MA ADV acquired a new position in ProShares UltraShort 20+ Year Treasury in the third quarter worth approximately $1,971,000. Headlands Technologies LLC increased its holdings in shares of ProShares UltraShort 20+ Year Treasury by 60.7% in the second quarter. Headlands Technologies LLC now owns 858 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 324 shares in the last quarter. Finally, Auour Investments LLC acquired a new stake in shares of ProShares UltraShort 20+ Year Treasury during the 1st quarter valued at $203,000.

ProShares UltraShort 20+ Year Treasury Stock Performance

Shares of TBT traded up $0.51 during trading hours on Friday, hitting $33.80. 495,013 shares of the company were exchanged, compared to its average volume of 734,647. The firm has a fifty day simple moving average of $30.57 and a 200-day simple moving average of $33.09. ProShares UltraShort 20+ Year Treasury has a one year low of $28.00 and a one year high of $44.10.

ProShares UltraShort 20+ Year Treasury Profile

ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.