Royal Fund Management LLC bought a new position in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT – Free Report) during the fourth quarter, HoldingsChannel.com reports. The fund bought 26,283 shares of the company’s stock, valued at approximately $591,000.
Separately, Vontobel Holding Ltd. purchased a new stake in shares of ProShares Ultra 20+ Year Treasury in the fourth quarter worth $311,000.
ProShares Ultra 20+ Year Treasury Trading Up 2.4 %
Shares of NYSEARCA UBT traded up $0.43 during trading on Friday, reaching $18.35. The company had a trading volume of 54,215 shares, compared to its average volume of 96,819. ProShares Ultra 20+ Year Treasury has a 12-month low of $15.73 and a 12-month high of $27.13. The business’s 50-day moving average is $19.22 and its 200 day moving average is $19.66.
About ProShares Ultra 20+ Year Treasury
ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.
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Want to see what other hedge funds are holding UBT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT – Free Report).
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