ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) Shares Acquired by First National Corp MA ADV

First National Corp MA ADV boosted its position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 244.2% in the fourth quarter, HoldingsChannel.com reports. The firm owned 227,798 shares of the exchange traded fund’s stock after purchasing an additional 161,610 shares during the quarter. ProShares UltraShort 20+ Year Treasury comprises approximately 1.9% of First National Corp MA ADV’s investment portfolio, making the stock its 17th biggest holding. First National Corp MA ADV’s holdings in ProShares UltraShort 20+ Year Treasury were worth $8,342,000 as of its most recent SEC filing.

Other institutional investors have also recently added to or reduced their stakes in the company. Verity Asset Management Inc. raised 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 in the last quarter. Freedom Investment Management Inc. acquired a new stake in ProShares UltraShort 20+ Year Treasury in the 3rd quarter valued at about $454,000. Brave Asset Management Inc. bought a new position in shares of ProShares UltraShort 20+ Year Treasury during the 4th quarter valued at about $264,000. Client First Investment Management LLC bought a new position in shares of ProShares UltraShort 20+ Year Treasury during the 4th quarter valued at about $3,210,000. Finally, Camelot Technology Advisors Inc. grew its stake in shares of ProShares UltraShort 20+ Year Treasury by 1.1% in the 4th quarter. Camelot Technology Advisors Inc. now owns 25,883 shares of the exchange traded fund’s stock worth $948,000 after purchasing an additional 271 shares during the last quarter.

ProShares UltraShort 20+ Year Treasury Price Performance

TBT stock opened at $35.14 on Monday. ProShares UltraShort 20+ Year Treasury has a 12 month low of $28.00 and a 12 month high of $38.98. The firm has a 50 day simple moving average of $35.83 and a 200 day simple moving average of $33.15.

About ProShares UltraShort 20+ Year Treasury

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.