ProShares Ultra Communication Services (NYSEARCA:LTL) Shares Bought by Client First Investment Management LLC

Client First Investment Management LLC boosted its position in ProShares Ultra Communication Services (NYSEARCA:LTL) by 204.7% during the first quarter, HoldingsChannel.com reports. The fund owned 27,284 shares of the exchange traded fund’s stock after buying an additional 18,330 shares during the quarter. ProShares Ultra Communication Services makes up 1.5% of Client First Investment Management LLC’s portfolio, making the stock its 6th biggest position. Client First Investment Management LLC owned 0.30% of ProShares Ultra Communication Services worth $2,229,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

ProShares Ultra Communication Services Price Performance

Shares of NYSEARCA:LTL opened at $91.09 on Friday. The company’s 50 day simple moving average is $79.37 and its 200 day simple moving average is $84.96. The stock has a market capitalization of $8.20 million, a price-to-earnings ratio of 19.19 and a beta of 1.70. ProShares Ultra Communication Services has a 1 year low of $59.22 and a 1 year high of $98.43.

About ProShares Ultra Communication Services

ProShares Ultra Telecommunications (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Select Telecommunications Index (the Index). The Dow Jones U.S. Technology Index measures providers of fixed-line and mobile telephone services. Fixed-line includes regional and long-distance carriers.