Nkcfo LLC lowered its stake in ProShares UltraShort Yen (NYSEARCA:YCS – Free Report) by 26.6% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 66,175 shares of the company’s stock after selling 23,950 shares during the quarter. ProShares UltraShort Yen makes up approximately 3.4% of Nkcfo LLC’s investment portfolio, making the stock its 8th largest position. Nkcfo LLC owned approximately 14.75% of ProShares UltraShort Yen worth $6,294,000 as of its most recent SEC filing.
Separately, Brookstone Capital Management acquired a new stake in ProShares UltraShort Yen in the 2nd quarter valued at about $368,000.
ProShares UltraShort Yen Price Performance
Shares of NYSEARCA YCS opened at $77.94 on Friday. The business’s 50 day moving average price is $81.16 and its two-hundred day moving average price is $85.10. ProShares UltraShort Yen has a twelve month low of $68.55 and a twelve month high of $96.65.
About ProShares UltraShort Yen
The ProShares UltraShort Yen (YCS) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCS was launched on Nov 25, 2008 and is managed by ProShares.
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Want to see what other hedge funds are holding YCS? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Yen (NYSEARCA:YCS – Free Report).
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