Simplex Trading LLC Buys 89,121 Shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Simplex Trading LLC increased its stake in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 1,958.7% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 93,671 shares of the exchange traded fund’s stock after buying an additional 89,121 shares during the period. Simplex Trading LLC’s holdings in ProShares UltraShort 20+ Year Treasury were worth $3,430,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also bought and sold shares of the company. Empowered Funds LLC purchased a new position in shares of ProShares UltraShort 20+ Year Treasury during the 4th quarter worth approximately $1,327,000. Ashton Thomas Private Wealth LLC grew its stake in ProShares UltraShort 20+ Year Treasury by 7.1% in the fourth quarter. Ashton Thomas Private Wealth LLC now owns 18,618 shares of the exchange traded fund’s stock worth $682,000 after purchasing an additional 1,234 shares during the period. Essex LLC bought a new position in ProShares UltraShort 20+ Year Treasury in the fourth quarter worth $243,000. Camelot Technology Advisors Inc. lifted its position in ProShares UltraShort 20+ Year Treasury by 1.1% during the fourth quarter. Camelot Technology Advisors Inc. now owns 25,883 shares of the exchange traded fund’s stock valued at $948,000 after buying an additional 271 shares during the period. Finally, Northwest Capital Management Inc bought a new stake in shares of ProShares UltraShort 20+ Year Treasury during the 4th quarter valued at $915,000.

ProShares UltraShort 20+ Year Treasury Stock Up 0.5 %

NYSEARCA:TBT opened at $34.96 on Thursday. ProShares UltraShort 20+ Year Treasury has a 1-year low of $28.00 and a 1-year high of $38.98. The firm’s 50-day moving average price is $35.08 and its 200-day moving average price is $33.98.

ProShares UltraShort 20+ Year Treasury Cuts Dividend

The firm also recently announced a dividend, which will be paid on Tuesday, April 1st. Shareholders of record on Wednesday, March 26th will be paid a dividend of $0.2549 per share. The ex-dividend date is Wednesday, March 26th.

ProShares UltraShort 20+ Year Treasury Company 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.