Investment House LLC Takes Position in ProShares UltraShort Lehman 20+ Yr(ETF) (TBT)

Investment House LLC purchased a new position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) (NYSE:TBT) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 12,600 shares of the exchange traded fund’s stock, valued at approximately $448,000.

Several other institutional investors and hedge funds have also modified their holdings of TBT. IFP Advisors Inc lifted its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) by 1.3% during the second quarter. IFP Advisors Inc now owns 3,862 shares of the exchange traded fund’s stock worth $139,000 after purchasing an additional 50 shares in the last quarter. Harel Insurance Investments & Financial Services Ltd. lifted its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) by 27.8% during the second quarter. Harel Insurance Investments & Financial Services Ltd. now owns 4,600 shares of the exchange traded fund’s stock worth $165,000 after purchasing an additional 1,000 shares in the last quarter. JPMorgan Chase & Co. lifted its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) by 212.9% during the second quarter. JPMorgan Chase & Co. now owns 4,982 shares of the exchange traded fund’s stock worth $179,000 after purchasing an additional 3,390 shares in the last quarter. Citigroup Inc. lifted its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) by 1,187.0% during the second quarter. Citigroup Inc. now owns 5,148 shares of the exchange traded fund’s stock worth $185,000 after purchasing an additional 4,748 shares in the last quarter. Finally, Crow Point Partners LLC lifted its position in shares of ProShares UltraShort Lehman 20+ Yr(ETF) by 383.7% during the third quarter. Crow Point Partners LLC now owns 5,804 shares of the exchange traded fund’s stock worth $207,000 after purchasing an additional 4,604 shares in the last quarter.

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Shares of ProShares UltraShort Lehman 20+ Y (NYSE:TBT) traded down 1.1804% during mid-day trading on Wednesday, hitting $35.1699. 1,055,517 shares of the stock traded hands. The stock has a 50 day moving average price of $35.37 and a 200-day moving average price of $35.94. ProShares UltraShort Lehman 20+ Y has a one year low of $32.99 and a one year high of $42.72.

ProShares UltraShort Lehman 20+ Yr(ETF) 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.

Institutional Ownership by Quarter for ProShares UltraShort Lehman 20+ Yr(ETF) (NYSE:TBT)

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