ProShares Short 7-10 Treasury (NYSEARCA:TBX) Shares Sold by First Affirmative Financial Network

First Affirmative Financial Network reduced its position in shares of ProShares Short 7-10 Treasury (NYSEARCA:TBX) by 13.0% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 49,111 shares of the exchange traded fund’s stock after selling 7,334 shares during the period. ProShares Short 7-10 Treasury comprises 0.8% of First Affirmative Financial Network’s portfolio, making the stock its 18th largest position. First Affirmative Financial Network owned 10.34% of ProShares Short 7-10 Treasury worth $1,383,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in the company. LPL Financial LLC bought a new stake in shares of ProShares Short 7-10 Treasury in the fourth quarter worth $2,887,000. JPMorgan Chase & Co. increased its stake in shares of ProShares Short 7-10 Treasury by 55.1% in the fourth quarter. JPMorgan Chase & Co. now owns 15,037 shares of the exchange traded fund’s stock worth $437,000 after buying an additional 5,343 shares during the last quarter. Jane Street Group LLC increased its stake in shares of ProShares Short 7-10 Treasury by 72.4% in the fourth quarter. Jane Street Group LLC now owns 13,059 shares of the exchange traded fund’s stock worth $380,000 after buying an additional 5,486 shares during the last quarter. Finally, Coppell Advisory Solutions LLC increased its stake in shares of ProShares Short 7-10 Treasury by 516.6% in the fourth quarter. Coppell Advisory Solutions LLC now owns 3,379 shares of the exchange traded fund’s stock worth $98,000 after buying an additional 2,831 shares during the last quarter.

ProShares Short 7-10 Treasury Stock Performance

Shares of NYSEARCA:TBX opened at $28.84 on Friday. The company has a fifty day simple moving average of $28.59 and a 200 day simple moving average of $28.90. ProShares Short 7-10 Treasury has a 12-month low of $27.37 and a 12-month high of $30.16.

ProShares Short 7-10 Treasury Company Profile

The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.