Client First Investment Management LLC Acquires New Holdings in ProShares Ultra 20+ Year Treasury $UBT

Client First Investment Management LLC acquired a new position in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) in the third quarter, Holdings Channel reports. The fund acquired 134,613 shares of the company’s stock, valued at approximately $2,325,000. ProShares Ultra 20+ Year Treasury makes up approximately 1.2% of Client First Investment Management LLC’s investment portfolio, making the stock its 12th biggest position.

A number of other hedge funds also recently bought and sold shares of the stock. Innova Wealth Partners bought a new stake in ProShares Ultra 20+ Year Treasury during the 2nd quarter valued at $226,000. Jane Street Group LLC lifted its stake in shares of ProShares Ultra 20+ Year Treasury by 9.4% during the 1st quarter. Jane Street Group LLC now owns 17,404 shares of the company’s stock worth $316,000 after purchasing an additional 1,490 shares during the last quarter. Envestnet Asset Management Inc. bought a new stake in ProShares Ultra 20+ Year Treasury during the second quarter valued at about $420,000. Toth Financial Advisory Corp purchased a new position in ProShares Ultra 20+ Year Treasury in the third quarter valued at about $436,000. Finally, PMV Capital Advisers LLC raised its holdings in ProShares Ultra 20+ Year Treasury by 34.4% in the second quarter. PMV Capital Advisers LLC now owns 37,643 shares of the company’s stock worth $636,000 after purchasing an additional 9,627 shares in the last quarter.

ProShares Ultra 20+ Year Treasury Stock Up 0.4%

Shares of ProShares Ultra 20+ Year Treasury stock opened at $16.91 on Wednesday. The firm’s 50 day moving average price is $17.53 and its 200-day moving average price is $17.05. ProShares Ultra 20+ Year Treasury has a 52-week low of $15.25 and a 52-week high of $19.49.

ProShares Ultra 20+ Year Treasury Company 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. The Index includes all publicly issued, United States Treasury securities.