Empowered Funds LLC Invests $1.33 Million in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Empowered Funds LLC bought a new position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 36,232 shares of the exchange traded fund’s stock, valued at approximately $1,327,000. Empowered Funds LLC owned about 0.36% of ProShares UltraShort 20+ Year Treasury at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of TBT. Verity Asset Management Inc. increased its position in ProShares UltraShort 20+ Year Treasury by 4.0% during the 3rd quarter. Verity Asset Management Inc. now owns 28,375 shares of the exchange traded fund’s stock valued at $845,000 after purchasing an additional 1,082 shares during the period. Freedom Investment Management Inc. purchased a new position in shares of ProShares UltraShort 20+ Year Treasury during the third quarter valued at about $454,000. Brave Asset Management Inc. purchased a new position in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter valued at about $264,000. Client First Investment Management LLC bought a new position in ProShares UltraShort 20+ Year Treasury in the fourth quarter worth about $3,210,000. Finally, Camelot Technology Advisors Inc. lifted its holdings in ProShares UltraShort 20+ Year Treasury by 1.1% in the fourth quarter. Camelot Technology Advisors Inc. now owns 25,883 shares of the exchange traded fund’s stock worth $948,000 after buying an additional 271 shares during the period.

ProShares UltraShort 20+ Year Treasury Stock Down 1.0 %

ProShares UltraShort 20+ Year Treasury stock opened at $35.25 on Monday. ProShares UltraShort 20+ Year Treasury has a fifty-two week low of $28.00 and a fifty-two week high of $38.98. The stock’s 50 day simple moving average is $36.19 and its two-hundred day simple moving average is $33.24.

ProShares UltraShort 20+ Year Treasury 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.