Hudson Bay Capital Management LP bought a new position in shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT – Free Report) during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund bought 90,714 shares of the exchange traded fund’s stock, valued at approximately $3,064,000. Hudson Bay Capital Management LP owned about 1.16% of ProShares UltraShort 20+ Year Treasury as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently modified their holdings of the company. Goldman Sachs Group Inc. boosted its holdings in shares of ProShares UltraShort 20+ Year Treasury by 980.5% during the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,827 shares of the exchange traded fund’s stock valued at $34,115,000 after acquiring an additional 920,000 shares in the last quarter. Jefferies Financial Group Inc. bought a new position in ProShares UltraShort 20+ Year Treasury in the second quarter valued at about $2,298,000. Group One Trading LLC bought a new position in ProShares UltraShort 20+ Year Treasury in the second quarter valued at about $920,000. Tidal Investments LLC acquired a new stake in shares of ProShares UltraShort 20+ Year Treasury during the second quarter valued at about $846,000. Finally, Royal Bank of Canada bought a new stake in shares of ProShares UltraShort 20+ Year Treasury during the first quarter worth about $697,000.
ProShares UltraShort 20+ Year Treasury Stock Up 3.8%
ProShares UltraShort 20+ Year Treasury stock opened at $35.91 on Friday. The business has a 50 day moving average of $34.11 and a 200-day moving average of $33.89. ProShares UltraShort 20+ Year Treasury has a 1 year low of $31.17 and a 1 year high of $39.70.
ProShares UltraShort 20+ Year Treasury Company Profile
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.
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