Iams Wealth Management LLC Purchases New Shares in ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST)

Iams Wealth Management LLC acquired a new position in ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST) during the first quarter, according to the company in its most recent filing with the SEC. The fund acquired 4,865 shares of the company’s stock, valued at approximately $210,000. Iams Wealth Management LLC owned approximately 1.41% of ProShares Ultra 7-10 Year Treasury at the end of the most recent reporting period.

Separately, Aveo Capital Partners LLC bought a new position in shares of ProShares Ultra 7-10 Year Treasury during the fourth quarter worth about $1,899,000.

ProShares Ultra 7-10 Year Treasury Trading Up 0.8 %

Shares of UST opened at $41.70 on Wednesday. ProShares Ultra 7-10 Year Treasury has a 52 week low of $38.91 and a 52 week high of $46.96. The stock has a 50 day moving average of $41.90 and a 200-day moving average of $42.97.

About ProShares Ultra 7-10 Year Treasury

ProShares Ultra 7-10 Year Treasury (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity of between 7 and 10 years, are non-convertible, are denominated in United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P), are fixed rate, and have more than $250 million par outstanding.