Royal Fund Management LLC decreased its holdings in shares of ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT – Free Report) by 29.6% during the 4th quarter, HoldingsChannel.com reports. The firm owned 39,713 shares of the company’s stock after selling 16,735 shares during the period. Royal Fund Management LLC’s holdings in ProShares Ultra 20+ Year Treasury were worth $671,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. Jane Street Group LLC acquired a new position in ProShares Ultra 20+ Year Treasury during the third quarter worth $1,240,000. Freedom Investment Management Inc. bought a new stake in shares of ProShares Ultra 20+ Year Treasury during the 3rd quarter worth about $203,000. Finally, Crew Capital Management Ltd. bought a new stake in shares of ProShares Ultra 20+ Year Treasury during the 3rd quarter worth about $315,000.
ProShares Ultra 20+ Year Treasury Price Performance
Shares of UBT stock opened at $17.06 on Wednesday. The stock’s 50 day simple moving average is $17.86 and its 200 day simple moving average is $19.58. ProShares Ultra 20+ Year Treasury has a twelve month low of $15.90 and a twelve month high of $23.14.
ProShares Ultra 20+ Year Treasury Profile
ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.
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Want to see what other hedge funds are holding UBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT – Free Report).
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