Client First Investment Management LLC Makes New $3.83 Million Investment in ProShares UltraPro Short 20+ Year Treasury $TTT

Client First Investment Management LLC acquired a new stake in shares of ProShares UltraPro Short 20+ Year Treasury (NYSEARCA:TTT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 43,105 shares of the company’s stock, valued at approximately $3,828,000. ProShares UltraPro Short 20+ Year Treasury makes up 1.8% of Client First Investment Management LLC’s portfolio, making the stock its 11th biggest position. Client First Investment Management LLC owned approximately 14.37% of ProShares UltraPro Short 20+ Year Treasury at the end of the most recent reporting period.

Separately, Cim LLC grew its holdings in shares of ProShares UltraPro Short 20+ Year Treasury by 10.9% during the first quarter. Cim LLC now owns 39,505 shares of the company’s stock worth $2,659,000 after purchasing an additional 3,893 shares during the last quarter. Hedge funds and other institutional investors own 20.88% of the company’s stock.

ProShares UltraPro Short 20+ Year Treasury Price Performance

NYSEARCA:TTT opened at $87.59 on Friday. ProShares UltraPro Short 20+ Year Treasury has a one year low of $59.23 and a one year high of $92.85. The company has a market cap of $26.28 million, a PE ratio of 5.18 and a beta of -1.58. The firm’s 50 day simple moving average is $78.97 and its 200 day simple moving average is $72.50.

About ProShares UltraPro Short 20+ Year Treasury

The ProShares UltraPro Short 20+ Year Treasury (TTT) is an exchange-traded fund that is based on the U.S. Treasury 20+ Year index. The fund provides 3x inverse exposure, reset daily, to a market-value-weighted index that tracks the performance of US Treasury securities with remaining maturities greater than 20 years. TTT was launched on Mar 27, 2012 and is managed by ProShares.