Mariner LLC Purchases 5,928,597 Shares of ProShares Ultra Semiconductors $USD

Mariner LLC lifted its position in ProShares Ultra Semiconductors (NYSEARCA:USD) by 66.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 14,832,743 shares of the company’s stock after acquiring an additional 5,928,597 shares during the period. ProShares Ultra Semiconductors accounts for about 0.9% of Mariner LLC’s investment portfolio, making the stock its 19th largest holding. Mariner LLC owned about 46.85% of ProShares Ultra Semiconductors worth $778,867,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in USD. Federation des caisses Desjardins du Quebec purchased a new stake in ProShares Ultra Semiconductors during the 4th quarter valued at $32,000. BOKF NA boosted its stake in ProShares Ultra Semiconductors by 100.0% during the 4th quarter. BOKF NA now owns 720 shares of the company’s stock valued at $38,000 after purchasing an additional 360 shares during the last quarter. Whittier Trust Co. boosted 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 last quarter. Franklin Resources Inc. purchased a new stake in ProShares Ultra Semiconductors during the 2nd quarter valued at $61,000. Finally, Qube Research & Technologies Ltd purchased a new stake in ProShares Ultra Semiconductors during the 3rd quarter valued at $64,000.

ProShares Ultra Semiconductors Stock Performance

Shares of USD opened at $98.01 on Monday. The business’s fifty day simple moving average is $84.46 and its two-hundred day simple moving average is $64.70. ProShares Ultra Semiconductors has a 12 month low of $30.24 and a 12 month high of $116.50. The company has a market cap of $2.98 billion, a price-to-earnings ratio of 40.05 and a beta of 3.66.

About ProShares Ultra Semiconductors

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.