Mackenzie Financial Corp Acquires 1,500 Shares of ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST)

Mackenzie Financial Corp boosted its stake in shares of ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) by 6.0% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 26,500 shares of the company’s stock after buying an additional 1,500 shares during the quarter. Mackenzie Financial Corp owned approximately 3.79% of ProShares UltraShort Lehman 7-10 Year Treasury worth $629,000 as of its most recent SEC filing.

ProShares UltraShort Lehman 7-10 Year Treasury Price Performance

NYSEARCA:PST opened at $22.32 on Friday. The business has a fifty day simple moving average of $21.94 and a two-hundred day simple moving average of $23.24. ProShares UltraShort Lehman 7-10 Year Treasury has a 1 year low of $21.31 and a 1 year high of $26.25.

About ProShares UltraShort Lehman 7-10 Year Treasury

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