Client First Investment Management LLC Buys New Shares in ProShares Ultra Semiconductors $USD

Client First Investment Management LLC bought a new position in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) during the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor bought 10,756 shares of the company’s stock, valued at approximately $1,121,000. ProShares Ultra Semiconductors makes up approximately 0.5% of Client First Investment Management LLC’s portfolio, making the stock its 22nd largest position.

Several other large investors have also recently bought and sold shares of USD. Retirement Planning Co of New England Inc. increased its position in shares of ProShares Ultra Semiconductors by 89.7% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 50,465 shares of the company’s stock worth $2,650,000 after purchasing an additional 23,865 shares during the last quarter. Mariner LLC boosted its holdings in shares of ProShares Ultra Semiconductors by 66.6% in the 4th quarter. Mariner LLC now owns 14,832,743 shares of the company’s stock valued at $778,867,000 after buying an additional 5,928,597 shares during the last quarter. IMC Chicago LLC boosted its holdings in shares of ProShares Ultra Semiconductors by 21.1% in the 4th quarter. IMC Chicago LLC now owns 63,823 shares of the company’s stock valued at $3,351,000 after buying an additional 11,116 shares during the last quarter. Morse Asset Management Inc grew its stake in shares of ProShares Ultra Semiconductors by 99.3% in the fourth quarter. Morse Asset Management Inc now owns 17,687 shares of the company’s stock valued at $929,000 after buying an additional 8,812 shares in the last quarter. Finally, Chung Wu Investment Group LLC grew its stake in shares of ProShares Ultra Semiconductors by 116.7% in the fourth quarter. Chung Wu Investment Group LLC now owns 18,200 shares of the company’s stock valued at $956,000 after buying an additional 9,800 shares in the last quarter.

ProShares Ultra Semiconductors Trading Up 3.5%

Shares of USD opened at $93.67 on Friday. The company has a market cap of $2.95 billion, a price-to-earnings ratio of 40.05 and a beta of 3.69. ProShares Ultra Semiconductors has a 1-year low of $39.35 and a 1-year high of $116.50. The company’s fifty day simple moving average is $93.21 and its 200 day simple moving average is $75.27.

ProShares Ultra Semiconductors Profile

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. It also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.