Integrated Wealth Concepts LLC raised its position in ProShares Ultra Semiconductors (NYSEARCA:USD – Free Report) by 10.7% during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 663,610 shares of the company’s stock after purchasing an additional 64,000 shares during the quarter. Integrated Wealth Concepts LLC owned 2.11% of ProShares Ultra Semiconductors worth $69,188,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors have also modified their holdings of the company. Quantinno Capital Management LP raised its holdings in ProShares Ultra Semiconductors by 414.2% in the first quarter. Quantinno Capital Management LP now owns 21,615 shares of the company’s stock valued at $1,036,000 after buying an additional 17,411 shares during the period. Mariner LLC grew its stake in ProShares Ultra Semiconductors by 66.6% during the fourth quarter. Mariner LLC now owns 14,832,743 shares of the company’s stock worth $778,867,000 after buying an additional 5,928,597 shares during the period. Advisory Alpha LLC increased its position in shares of ProShares Ultra Semiconductors by 100.3% in the fourth quarter. Advisory Alpha LLC now owns 20,559 shares of the company’s stock worth $1,080,000 after acquiring an additional 10,295 shares in the last quarter. Client First Investment Management LLC acquired a new stake in shares of ProShares Ultra Semiconductors in the second quarter worth $1,121,000. Finally, Beaton Management Co. Inc. raised its stake in shares of ProShares Ultra Semiconductors by 64.9% in the 4th quarter. Beaton Management Co. Inc. now owns 20,980 shares of the company’s stock valued at $1,102,000 after acquiring an additional 8,260 shares during the period.
ProShares Ultra Semiconductors Trading Up 1.0%
NYSEARCA:USD opened at $89.70 on Wednesday. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 40.05 and a beta of 3.69. The firm’s fifty day simple moving average is $87.18 and its 200 day simple moving average is $80.17. ProShares Ultra Semiconductors has a twelve month low of $42.18 and a twelve 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.
See Also
- Five stocks we like better than ProShares Ultra Semiconductors
- Tesla’s Robotaxi Launch Wasn’t the Moment Investors Expected
- Despite Post-Earnings Drop, Wall Street Analysts Eye New Highs for Broadcom Stock
- Morgan Stanley Eyes Good Things Ahead for Meta After $18 Billion Legal Settlement
- Q3 Earnings Could Be the Catalyst the Market Has Been Waiting For
Want to see what other hedge funds are holding USD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Semiconductors (NYSEARCA:USD – Free Report).
Receive News & Ratings for ProShares Ultra Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.
