Freedom Investment Management Inc. Makes New Investment in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT)

Freedom Investment Management Inc. purchased a new stake in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 9,521 shares of the company’s stock, valued at approximately $203,000. Freedom Investment Management Inc. owned approximately 0.20% of ProShares Ultra 20+ Year Treasury at the end of the most recent reporting period.

Separately, Royal Fund Management LLC raised its stake in ProShares Ultra 20+ Year Treasury by 172.8% during the third quarter. Royal Fund Management LLC now owns 56,448 shares of the company’s stock worth $1,206,000 after purchasing an additional 35,755 shares during the period.

ProShares Ultra 20+ Year Treasury Price Performance

ProShares Ultra 20+ Year Treasury stock opened at $19.53 on Monday. The firm has a 50 day simple moving average of $19.47 and a 200-day simple moving average of $20.00. ProShares Ultra 20+ Year Treasury has a 1-year low of $17.20 and a 1-year high of $23.22.

ProShares Ultra 20+ Year Treasury Company Profile

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.