UBS Group AG Boosts Position in ProShares UltraShort 20+ Year Treasury $TBT

UBS Group AG raised its stake in shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 2,299.2% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 92,131 shares of the exchange traded fund’s stock after buying an additional 88,291 shares during the quarter. UBS Group AG owned about 1.19% of ProShares UltraShort 20+ Year Treasury worth $3,219,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in TBT. Osaic Holdings Inc. grew its holdings in shares of ProShares UltraShort 20+ Year Treasury by 442.0% during the second quarter. Osaic Holdings Inc. now owns 813 shares of the exchange traded fund’s stock worth $30,000 after purchasing an additional 663 shares in the last quarter. FNY Investment Advisers LLC purchased a new position in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter worth about $27,000. Auour Investments LLC grew its holdings in shares of ProShares UltraShort 20+ Year Treasury by 11.5% during the fourth quarter. Auour Investments LLC now owns 9,458 shares of the exchange traded fund’s stock worth $330,000 after purchasing an additional 974 shares in the last quarter. Essex LLC grew its holdings in shares of ProShares UltraShort 20+ Year Treasury by 17.4% during the fourth quarter. Essex LLC now owns 7,796 shares of the exchange traded fund’s stock worth $272,000 after purchasing an additional 1,156 shares in the last quarter. Finally, Raymond James Financial Inc. purchased a new position in shares of ProShares UltraShort 20+ Year Treasury during the second quarter worth about $50,000.

ProShares UltraShort 20+ Year Treasury Price Performance

Shares of NYSEARCA TBT opened at $36.70 on Monday. ProShares UltraShort 20+ Year Treasury has a 12 month low of $31.68 and a 12 month high of $38.85. The business has a 50-day moving average of $35.48 and a 200-day moving average of $34.55.

About ProShares UltraShort 20+ Year Treasury

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.