10,000 Shares in ProShares Ultra Yen (NYSEARCA:YCL) Purchased by Raffles Associates LP

Raffles Associates LP acquired a new stake in ProShares Ultra Yen (NYSEARCA:YCL) during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 10,000 shares of the company’s stock, valued at approximately $203,000. Raffles Associates LP owned 0.54% of ProShares Ultra Yen at the end of the most recent quarter.

ProShares Ultra Yen Trading Up 0.9 %

YCL stock opened at $24.90 on Tuesday. The business’s 50-day moving average is $23.92 and its 200 day moving average is $22.69. ProShares Ultra Yen has a 12-month low of $20.01 and a 12-month high of $27.74.

About ProShares Ultra Yen

The ProShares Ultra Yen (YCL) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCL was launched on Nov 24, 2008 and is managed by ProShares.