Jefferies Group LLC bought a new position in shares of ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 188,100 shares of the company’s stock, valued at approximately $4,385,000. Jefferies Group LLC owned about 3.76% of ProShares UltraShort Lehman 7-10 Year Treasury at the end of the most recent quarter.
Separately, Citadel Advisors LLC acquired a new stake in shares of ProShares UltraShort Lehman 7-10 Year Treasury during the second quarter worth $227,000.
Shares of NYSEARCA PST opened at $22.46 on Friday. ProShares UltraShort Lehman 7-10 Year Treasury has a 1-year low of $21.36 and a 1-year high of $23.94.
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ProShares UltraShort Lehman 7-10 Year Treasury Company Profile
ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.
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