Client First Investment Management LLC Takes Position in ProShares Ultra 20+ Year Treasury $UBT

Client First Investment Management LLC bought a new position in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 134,613 shares of the company’s stock, valued at approximately $2,325,000. ProShares Ultra 20+ Year Treasury comprises 1.2% of Client First Investment Management LLC’s portfolio, making the stock its 12th biggest position. Client First Investment Management LLC owned 2.36% of ProShares Ultra 20+ Year Treasury at the end of the most recent reporting period.

Other hedge funds also recently added to or reduced their stakes in the company. Envestnet Asset Management Inc. purchased a new stake in ProShares Ultra 20+ Year Treasury in the 2nd quarter worth about $420,000. PMV Capital Advisers LLC grew its stake in shares of ProShares Ultra 20+ Year Treasury by 34.4% during the second quarter. PMV Capital Advisers LLC now owns 37,643 shares of the company’s stock valued at $636,000 after buying an additional 9,627 shares during the last quarter. Innova Wealth Partners bought a new position in shares of ProShares Ultra 20+ Year Treasury during the second quarter valued at approximately $226,000. Toth Financial Advisory Corp purchased a new stake in shares of ProShares Ultra 20+ Year Treasury in the third quarter worth approximately $436,000. Finally, Jane Street Group LLC raised its holdings in shares of ProShares Ultra 20+ Year Treasury by 9.4% in the first quarter. Jane Street Group LLC now owns 17,404 shares of the company’s stock worth $316,000 after buying an additional 1,490 shares during the period.

ProShares Ultra 20+ Year Treasury Stock Performance

UBT opened at $16.91 on Wednesday. The business has a fifty day moving average of $17.53 and a 200 day moving average of $17.05. ProShares Ultra 20+ Year Treasury has a 52-week low of $15.25 and a 52-week high of $19.49.

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. The Index includes all publicly issued, United States Treasury securities.