JPMorgan Chase & Co. Sells 6,955 Shares of ProShares Short 7-10 Treasury (NYSEARCA:TBX)

JPMorgan Chase & Co. reduced its position in ProShares Short 7-10 Treasury (NYSEARCA:TBX) by 41.8% in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,694 shares of the exchange traded fund’s stock after selling 6,955 shares during the quarter. JPMorgan Chase & Co. owned approximately 1.69% of ProShares Short 7-10 Treasury worth $273,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Short 7-10 Treasury Stock Performance

Shares of TBX stock opened at $29.07 on Friday. ProShares Short 7-10 Treasury has a one year low of $28.01 and a one year high of $30.52. The company’s fifty day moving average price is $29.34 and its 200-day moving average price is $29.02.

ProShares Short 7-10 Treasury Company Profile

The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.