Client First Investment Management LLC Decreases Holdings in ProShares Ultra Semiconductors $USD

Client First Investment Management LLC reduced its stake in ProShares Ultra Semiconductors (NYSEARCA:USD) by 13.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 97,016 shares of the company’s stock after selling 14,567 shares during the quarter. ProShares Ultra Semiconductors makes up approximately 2.7% of Client First Investment Management LLC’s investment portfolio, making the stock its 6th biggest position. Client First Investment Management LLC owned approximately 0.31% of ProShares Ultra Semiconductors worth $5,094,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Guerra Advisors Inc bought a new stake in ProShares Ultra Semiconductors during the third quarter valued at about $26,000. Qube Research & Technologies Ltd bought a new position in shares of ProShares Ultra Semiconductors in the third quarter worth about $64,000. BOKF NA grew its position in shares of ProShares Ultra Semiconductors by 100.0% during the fourth quarter. BOKF NA now owns 720 shares of the company’s stock worth $38,000 after purchasing an additional 360 shares in the last quarter. Franklin Resources Inc. purchased a new stake in shares of ProShares Ultra Semiconductors during the second quarter worth about $61,000. Finally, Whittier Trust Co. raised its stake in ProShares Ultra Semiconductors by 100.0% during the 4th quarter. Whittier Trust Co. now owns 960 shares of the company’s stock valued at $54,000 after purchasing an additional 480 shares during the period.

ProShares Ultra Semiconductors Trading Down 1.5%

Shares of USD opened at $99.81 on Thursday. The business’s 50 day moving average is $72.31 and its 200 day moving average is $60.65. The company has a market capitalization of $3.03 billion, a PE ratio of 40.05 and a beta of 3.63. ProShares Ultra Semiconductors has a 12-month low of $26.52 and a 12-month high of $105.32.

ProShares Ultra Semiconductors Company Profile

ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. It also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.