Simplex Trading LLC Increases Stock Holdings in ProShares Ultra Semiconductors (NYSEARCA:USD)

Simplex Trading LLC lifted its position in ProShares Ultra Semiconductors (NYSEARCA:USD) by 16.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,645 shares of the company’s stock after purchasing an additional 1,686 shares during the quarter. Simplex Trading LLC’s holdings in ProShares Ultra Semiconductors were worth $633,000 at the end of the most recent reporting period.

Separately, Deutsche Bank AG purchased a new position in ProShares Ultra Semiconductors during the third quarter worth about $646,000.

ProShares Ultra Semiconductors Stock Up 5.8 %

Shares of USD stock opened at $89.97 on Friday. The company has a 50-day moving average of $92.66 and a two-hundred day moving average of $67.23. ProShares Ultra Semiconductors has a 1-year low of $24.50 and a 1-year high of $113.46.

ProShares Ultra Semiconductors Company 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.