ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Shares Up 2.5%

Shares of ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) shot up 2.5% during trading on Monday . The stock traded as high as $99.05 and last traded at $98.87, 1,950 shares changed hands during mid-day trading. A decline of 89% from the average session volume of 17,973 shares. The stock had previously closed at $96.44.

The firm’s 50 day simple moving average is $104.28 and its 200 day simple moving average is $88.61.

Hedge funds have recently made changes to their positions in the business. Morgan Stanley lifted its stake in ProShares Ultra 20+ Year Treasury by 20.0% in the 2nd quarter. Morgan Stanley now owns 600 shares of the company’s stock worth $55,000 after purchasing an additional 100 shares in the last quarter. Advisory Services Network LLC purchased a new stake in ProShares Ultra 20+ Year Treasury in the 1st quarter worth $101,000. Citadel Advisors LLC purchased a new stake in ProShares Ultra 20+ Year Treasury in the 2nd quarter worth $204,000. Royal Bank of Canada lifted its stake in ProShares Ultra 20+ Year Treasury by 219.9% in the 2nd quarter. Royal Bank of Canada now owns 3,746 shares of the company’s stock worth $342,000 after purchasing an additional 2,575 shares in the last quarter. Finally, First National Corp MA ADV lifted its stake in ProShares Ultra 20+ Year Treasury by 49.3% in the 1st quarter. First National Corp MA ADV now owns 6,711 shares of the company’s stock worth $216,000 after purchasing an additional 2,217 shares in the last quarter.

ProShares Ultra 20+ Year Treasury Company Profile (NYSEARCA:UBT)

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.

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