Usca Ria LLC Buys New Holdings in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Usca Ria LLC bought a new stake in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 1,125 shares of the exchange traded fund’s stock, valued at approximately $27,000.

A number of other institutional investors have also recently modified their holdings of TBT. Tuttle Tactical Management acquired a new position in ProShares UltraShort 20+ Year Treasury during the 2nd quarter valued at about $22,609,000. Renaissance Technologies LLC boosted its stake in ProShares UltraShort 20+ Year Treasury by 531.0% during the 2nd quarter. Renaissance Technologies LLC now owns 188,680 shares of the exchange traded fund’s stock valued at $5,460,000 after purchasing an additional 158,780 shares during the last quarter. Raffles Associates LP acquired a new position in ProShares UltraShort 20+ Year Treasury during the 2nd quarter valued at about $3,907,000. Simplex Trading LLC boosted its stake in ProShares UltraShort 20+ Year Treasury by 326.2% during the 3rd quarter. Simplex Trading LLC now owns 109,510 shares of the exchange traded fund’s stock valued at $2,667,000 after purchasing an additional 83,818 shares during the last quarter. Finally, JPMorgan Chase & Co. boosted its stake in ProShares UltraShort 20+ Year Treasury by 713.9% during the 2nd quarter. JPMorgan Chase & Co. now owns 99,819 shares of the exchange traded fund’s stock valued at $2,888,000 after purchasing an additional 87,555 shares during the last quarter.

TBT stock traded down $0.14 during mid-day trading on Friday, reaching $26.78. 1,914,090 shares of the company traded hands, compared to its average volume of 2,769,191. ProShares UltraShort 20+ Year Treasury has a fifty-two week low of $22.78 and a fifty-two week high of $41.15. The firm’s 50 day moving average price is $25.08 and its 200 day moving average price is $27.85.

About ProShares UltraShort 20+ Year Treasury

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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Institutional Ownership by Quarter for ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

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