Mutual Advisors LLC acquired a new position in shares of ProShares UltraShort Yen (NYSEARCA:YCS – Free Report) during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor acquired 66,423 shares of the company’s stock, valued at approximately $3,156,000. Mutual Advisors LLC owned 8.30% of ProShares UltraShort Yen at the end of the most recent reporting period.
Separately, Geneos Wealth Management Inc. acquired a new position in ProShares UltraShort Yen during the third quarter worth approximately $50,000.
ProShares UltraShort Yen Stock Up 1.0%
NYSEARCA:YCS opened at $50.43 on Tuesday. The firm’s 50 day moving average is $50.64 and its two-hundred day moving average is $47.42. ProShares UltraShort Yen has a fifty-two week low of $38.89 and a fifty-two week high of $52.71.
ProShares UltraShort Yen Profile
The ProShares UltraShort Yen (YCS) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCS was launched on Nov 25, 2008 and is managed by ProShares.
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