Dale Q Rice Investment Management Ltd boosted its stake in shares of ProShares Ultra Semiconductors (NYSEARCA:USD – Free Report) by 2.0% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 447,279 shares of the company’s stock after purchasing an additional 8,716 shares during the period. ProShares Ultra Semiconductors makes up approximately 16.2% of Dale Q Rice Investment Management Ltd’s portfolio, making the stock its 2nd biggest holding. Dale Q Rice Investment Management Ltd owned approximately 1.47% of ProShares Ultra Semiconductors worth $21,447,000 at the end of the most recent reporting period.
Other hedge funds also recently made changes to their positions in the company. Mariner LLC acquired a new stake in shares of ProShares Ultra Semiconductors during the 3rd quarter worth $8,973,000. Tower Research Capital LLC TRC boosted its holdings in ProShares Ultra Semiconductors by 3,735,900.0% in the fourth quarter. Tower Research Capital LLC TRC now owns 37,360 shares of the company’s stock valued at $1,962,000 after acquiring an additional 37,359 shares during the last quarter. Blair William & Co. IL boosted its holdings in ProShares Ultra Semiconductors by 99.3% in the fourth quarter. Blair William & Co. IL now owns 60,282 shares of the company’s stock valued at $3,165,000 after acquiring an additional 30,031 shares during the last quarter. Retirement Planning Co of New England Inc. boosted its holdings in ProShares Ultra Semiconductors by 89.7% in the fourth quarter. Retirement Planning Co of New England Inc. now owns 50,465 shares of the company’s stock valued at $2,650,000 after acquiring an additional 23,865 shares during the last quarter. Finally, JPMorgan Chase & Co. grew its position in ProShares Ultra Semiconductors by 325.0% during the third quarter. JPMorgan Chase & Co. now owns 17,844 shares of the company’s stock valued at $1,767,000 after acquiring an additional 13,645 shares during the period.
ProShares Ultra Semiconductors Price Performance
Shares of NYSEARCA:USD opened at $83.24 on Tuesday. The firm has a market capitalization of $2.56 billion, a PE ratio of 40.05 and a beta of 3.65. The business has a 50-day moving average of $96.80 and a two-hundred day moving average of $72.49. ProShares Ultra Semiconductors has a 12 month low of $38.66 and a 12 month high of $116.50.
ProShares Ultra Semiconductors 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.
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