Goldman Sachs Group Inc. increased its holdings in shares of ProShares Ultra Telecommunications (NYSEARCA:LTL) by 33.2% in the second quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 23,698 shares of the exchange traded fund’s stock after purchasing an additional 5,907 shares during the quarter. Goldman Sachs Group Inc.’s holdings in ProShares Ultra Telecommunications were worth $1,222,000 as of its most recent filing with the SEC.
ProShares Ultra Telecommunications (LTL) opened at $40.43 on Friday. ProShares Ultra Telecommunications has a 52 week low of $40.43 and a 52 week high of $42.75.
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About ProShares Ultra Telecommunications
ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers.
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