Bogart Wealth LLC Invests $120,000 in ProShares Ultra Semiconductors (NYSEARCA:USD)

Bogart Wealth LLC purchased a new stake in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) during the 3rd quarter, Holdings Channel reports. The fund purchased 1,000 shares of the company’s stock, valued at approximately $120,000.

Other institutional investors have also added to or reduced their stakes in the company. Iron Horse Wealth Management LLC acquired a new stake in ProShares Ultra Semiconductors in the first quarter valued at approximately $29,000. Scientech Research LLC acquired a new stake in shares of ProShares Ultra Semiconductors during the 2nd quarter valued at $220,000. First National Trust Co bought a new stake in ProShares Ultra Semiconductors during the 2nd quarter worth $223,000. Pure Financial Advisors LLC acquired a new position in ProShares Ultra Semiconductors in the 2nd quarter worth about $239,000. Finally, Morse Asset Management Inc bought a new position in ProShares Ultra Semiconductors in the first quarter valued at about $268,000.

ProShares Ultra Semiconductors Stock Performance

NYSEARCA:USD opened at $136.15 on Friday. The stock’s 50-day moving average is $120.75 and its 200-day moving average is $118.11. ProShares Ultra Semiconductors has a 1-year low of $32.13 and a 1-year high of $170.13.

About ProShares Ultra Semiconductors

ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.