Harel Insurance Investments & Financial Services Ltd. raised its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) (NYSE:TBT) by 27.8% during the second quarter, Holdings Channel reports. The fund owned 4,600 shares of the exchange traded fund’s stock after buying an additional 1,000 shares during the period. Harel Insurance Investments & Financial Services Ltd.’s holdings in ProShares UltraShort Lehman 20+ Yr(ETF) were worth $165,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. IFP Advisors Inc increased its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) by 1.3% in the second quarter. IFP Advisors Inc now owns 3,862 shares of the exchange traded fund’s stock worth $139,000 after buying an additional 50 shares during the last quarter. Alpha Cubed Investments LLC acquired a new position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) during the second quarter worth approximately $215,000. Edge Wealth Management LLC acquired a new position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) during the second quarter worth approximately $361,000. Finally, IPG Investment Advisors LLC increased its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) by 14.7% in the second quarter. IPG Investment Advisors LLC now owns 41,022 shares of the exchange traded fund’s stock worth $1,471,000 after buying an additional 5,265 shares during the last quarter.

ProShares UltraShort Lehman 20+ Y (TBT) opened at 34.84 on Friday. The company has a 50 day moving average of $35.91 and a 200-day moving average of $37.91. ProShares UltraShort Lehman 20+ Y has a one year low of $30.34 and a one year high of $42.72.

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ProShares UltraShort Lehman 20+ Yr(ETF) Company Profile

ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.

Want to see what other hedge funds are holding TBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Lehman 20+ Yr(ETF) (NYSE:TBT).

Institutional Ownership by Quarter for ProShares UltraShort Lehman 20+ Yr(ETF) (NYSE:TBT)

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