Client First Investment Management LLC Buys Shares of 27,030 ProShares UltraShort 20+ Year Treasury $TBT

Client First Investment Management LLC bought a new stake in shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 27,030 shares of the exchange traded fund’s stock, valued at approximately $944,000. ProShares UltraShort 20+ Year Treasury accounts for approximately 0.5% of Client First Investment Management LLC’s holdings, making the stock its 17th largest position. Client First Investment Management LLC owned approximately 0.34% of ProShares UltraShort 20+ Year Treasury as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. FNY Investment Advisers LLC acquired a new position in ProShares UltraShort 20+ Year Treasury during the 4th quarter valued at about $27,000. Osaic Holdings Inc. increased its stake in ProShares UltraShort 20+ Year Treasury by 442.0% during the 2nd quarter. Osaic Holdings Inc. now owns 813 shares of the exchange traded fund’s stock valued at $30,000 after buying an additional 663 shares during the period. Raymond James Financial Inc. acquired a new position in shares of ProShares UltraShort 20+ Year Treasury in the 2nd quarter worth approximately $50,000. Compass Wealth Management LLC acquired a new position in shares of ProShares UltraShort 20+ Year Treasury in the 3rd quarter worth approximately $107,000. Finally, ZWJ Investment Counsel Inc. acquired a new position in shares of ProShares UltraShort 20+ Year Treasury in the 4th quarter worth approximately $200,000.

ProShares UltraShort 20+ Year Treasury Stock Down 0.2%

Shares of TBT opened at $36.17 on Thursday. The firm’s 50 day moving average is $35.57 and its 200-day moving average is $34.61. ProShares UltraShort 20+ Year Treasury has a 12-month low of $31.68 and a 12-month high of $38.37.

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.