Ashton Thomas Private Wealth LLC Increases Stock Position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Ashton Thomas Private Wealth LLC increased its holdings in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 7.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 18,618 shares of the exchange traded fund’s stock after acquiring an additional 1,234 shares during the quarter. Ashton Thomas Private Wealth LLC owned approximately 0.18% of ProShares UltraShort 20+ Year Treasury worth $682,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently bought and sold shares of the business. Freedom Investment Management Inc. acquired a new stake in ProShares UltraShort 20+ Year Treasury during the 3rd quarter worth approximately $454,000. Brave Asset Management Inc. purchased a new position in ProShares UltraShort 20+ Year Treasury in the 4th quarter valued at $264,000. Client First Investment Management LLC acquired a new position in ProShares UltraShort 20+ Year Treasury in the 4th quarter valued at $3,210,000. Camelot Technology Advisors Inc. increased its stake in ProShares UltraShort 20+ Year Treasury by 1.1% in the 4th quarter. Camelot Technology Advisors Inc. now owns 25,883 shares of the exchange traded fund’s stock valued at $948,000 after buying an additional 271 shares during the period. Finally, Empowered Funds LLC purchased a new position in ProShares UltraShort 20+ Year Treasury during the 4th quarter worth $1,327,000.

ProShares UltraShort 20+ Year Treasury Stock Down 2.2 %

Shares of NYSEARCA:TBT opened at $33.63 on Tuesday. ProShares UltraShort 20+ Year Treasury has a fifty-two week low of $28.00 and a fifty-two week high of $38.98. The firm’s 50-day simple moving average is $35.87 and its 200-day simple moving average is $33.66.

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.