Cambridge Investment Research Advisors Inc. Takes $276,000 Position in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT)

Cambridge Investment Research Advisors Inc. bought a new stake in shares of ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 15,189 shares of the company’s stock, valued at approximately $276,000. Cambridge Investment Research Advisors Inc. owned about 0.18% of ProShares Ultra 20+ Year Treasury as of its most recent SEC filing.

Separately, Mercer Global Advisors Inc. ADV acquired a new position in ProShares Ultra 20+ Year Treasury during the fourth quarter valued at $348,000.

ProShares Ultra 20+ Year Treasury Price Performance

NYSEARCA:UBT opened at $16.06 on Friday. ProShares Ultra 20+ Year Treasury has a 1-year low of $15.25 and a 1-year high of $23.14. The business’s fifty day moving average price is $16.39 and its 200 day moving average price is $17.06.

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.