ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) Reaches New 52-Week High at $29.80

ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBTGet Rating) reached a new 52-week high during trading on Monday . The company traded as high as $29.80 and last traded at $29.30, with a volume of 106 shares changing hands. The stock had previously closed at $29.35.

ProShares UltraShort 20+ Year Treasury Trading Up 2.1 %

The business’s 50-day simple moving average is $26.36 and its 200 day simple moving average is $25.09.

Institutional Trading of ProShares UltraShort 20+ Year Treasury

A number of institutional investors have recently bought and sold shares of TBT. Geneos Wealth Management Inc. lifted its stake in ProShares UltraShort 20+ Year Treasury by 5.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 10,541 shares of the exchange traded fund’s stock valued at $215,000 after acquiring an additional 500 shares during the period. Crestwood Advisors Group LLC lifted its stake in ProShares UltraShort 20+ Year Treasury by 0.9% during the 2nd quarter. Crestwood Advisors Group LLC now owns 71,650 shares of the exchange traded fund’s stock valued at $1,874,000 after acquiring an additional 650 shares during the period. Cumberland Advisors Inc. lifted its stake in ProShares UltraShort 20+ Year Treasury by 4.1% during the 2nd quarter. Cumberland Advisors Inc. now owns 18,455 shares of the exchange traded fund’s stock valued at $483,000 after acquiring an additional 724 shares during the period. Blair William & Co. IL lifted its stake in ProShares UltraShort 20+ Year Treasury by 0.4% during the 4th quarter. Blair William & Co. IL now owns 260,754 shares of the exchange traded fund’s stock valued at $4,404,000 after acquiring an additional 1,000 shares during the period. Finally, Spire Wealth Management lifted its stake in ProShares UltraShort 20+ Year Treasury by 989.5% during the 2nd quarter. Spire Wealth Management now owns 1,242 shares of the exchange traded fund’s stock valued at $32,000 after acquiring an additional 1,128 shares during the period.

ProShares UltraShort 20+ Year Treasury Company Profile

(Get Rating)

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.

Featured Articles

Receive News & Ratings for ProShares UltraShort 20+ Year Treasury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraShort 20+ Year Treasury and related companies with MarketBeat.com's FREE daily email newsletter.