ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) Position Trimmed by Royal Fund Management LLC

Royal Fund Management LLC decreased its holdings in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) by 29.6% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 39,713 shares of the company’s stock after selling 16,735 shares during the quarter. Royal Fund Management LLC owned 0.85% of ProShares Ultra 20+ Year Treasury worth $671,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of UBT. Crew Capital Management Ltd. bought a new stake in shares of ProShares Ultra 20+ Year Treasury during the 3rd quarter worth $315,000. Freedom Investment Management Inc. acquired a new position in shares of ProShares Ultra 20+ Year Treasury in the 3rd quarter valued at $203,000. Finally, Jane Street Group LLC purchased a new position in ProShares Ultra 20+ Year Treasury in the 3rd quarter worth about $1,240,000.

ProShares Ultra 20+ Year Treasury Stock Up 1.5 %

UBT stock opened at $17.06 on Wednesday. ProShares Ultra 20+ Year Treasury has a one year low of $15.90 and a one year high of $23.14. The firm has a 50-day moving average of $17.86 and a two-hundred day moving average of $19.58.

About ProShares Ultra 20+ Year Treasury

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.