ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) Stock Pass Above 200 Day Moving Average of $35.14

ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)’s share price crossed above its two hundred day moving average during trading on Friday . The stock has a two hundred day moving average of $35.14 and traded as high as $37.96. ProShares UltraShort 20+ Year Treasury shares last traded at $37.90, with a volume of 530,240 shares trading hands.

ProShares UltraShort 20+ Year Treasury Stock Performance

The firm’s 50-day simple moving average is $34.67 and its 200-day simple moving average is $35.10.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in TBT. Commonwealth Equity Services LLC purchased a new position in shares of ProShares UltraShort 20+ Year Treasury during the third quarter worth approximately $217,000. Simplex Trading LLC increased its stake in shares of ProShares UltraShort 20+ Year Treasury by 1,566.5% in the third quarter. Simplex Trading LLC now owns 294,045 shares of the exchange traded fund’s stock worth $11,532,000 after buying an additional 276,401 shares during the period. Pathstone Family Office LLC increased its stake in shares of ProShares UltraShort 20+ Year Treasury by 0.8% in 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 during the period. Headlands Technologies LLC purchased a new position in shares of ProShares UltraShort 20+ Year Treasury in the third quarter worth $66,000. Finally, Axxcess Wealth Management LLC increased its stake in shares of ProShares UltraShort 20+ Year Treasury by 66.3% in 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 during the period.

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.