Simplex Trading LLC Has $8.75 Million Position in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Simplex Trading LLC reduced its holdings in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 289,861 shares of the exchange traded fund’s stock after selling 4,184 shares during the quarter. Simplex Trading LLC owned about 1.93% of ProShares UltraShort 20+ Year Treasury worth $8,753,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors also recently made changes to their positions in TBT. Pathstone Family Office LLC grew its position in ProShares UltraShort 20+ Year Treasury by 0.8% during the third quarter. Pathstone Family Office LLC now owns 69,057 shares of the exchange traded fund’s stock worth $2,708,000 after buying an additional 560 shares in the last quarter. Headlands Technologies LLC acquired a new stake in ProShares UltraShort 20+ Year Treasury during the third quarter worth about $66,000. EP Wealth Advisors LLC acquired a new stake in ProShares UltraShort 20+ Year Treasury during the third quarter worth about $214,000. Commonwealth Equity Services LLC acquired a new stake in ProShares UltraShort 20+ Year Treasury during the third quarter worth about $217,000. Finally, Axxcess Wealth Management LLC grew its position in ProShares UltraShort 20+ Year Treasury by 66.3% during the third quarter. Axxcess Wealth Management LLC now owns 15,891 shares of the exchange traded fund’s stock worth $623,000 after buying an additional 6,334 shares in the last quarter.

ProShares UltraShort 20+ Year Treasury Price Performance

TBT stock opened at $37.90 on Friday. ProShares UltraShort 20+ Year Treasury has a twelve month low of $27.52 and a twelve month high of $44.96. The business’s 50-day simple moving average is $34.67 and its 200 day simple moving average is $35.14.

About ProShares UltraShort 20+ Year Treasury

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.