Foundations Investment Advisors LLC Sells 1,591 Shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Foundations Investment Advisors LLC decreased its position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 13.0% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 10,665 shares of the exchange traded fund’s stock after selling 1,591 shares during the quarter. Foundations Investment Advisors LLC owned approximately 0.11% of ProShares UltraShort 20+ Year Treasury worth $391,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in TBT. First National Corp MA ADV purchased a new position in ProShares UltraShort 20+ Year Treasury during the third quarter worth about $1,971,000. Verity Asset Management Inc. boosted its stake in shares of ProShares UltraShort 20+ Year Treasury by 4.0% in the 3rd quarter. Verity Asset Management Inc. now owns 28,375 shares of the exchange traded fund’s stock worth $845,000 after buying an additional 1,082 shares during the last quarter. Freedom Investment Management Inc. bought a new position in shares of ProShares UltraShort 20+ Year Treasury in the third quarter valued at approximately $454,000. Brave Asset Management Inc. purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter valued at approximately $264,000. Finally, Client First Investment Management LLC purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter valued at approximately $3,210,000.

ProShares UltraShort 20+ Year Treasury Trading Down 0.5 %

NYSEARCA TBT opened at $36.17 on Friday. The business’s fifty day moving average is $35.57 and its 200-day moving average is $33.07. ProShares UltraShort 20+ Year Treasury has a one year low of $28.00 and a one year high of $38.98.

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.