Client First Investment Management LLC Decreases Stock Holdings in ProShares Ultra Semiconductors $USD

Client First Investment Management LLC lessened its holdings in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) by 13.1% during the 4th quarter, Holdings Channel reports. The firm owned 97,016 shares of the company’s stock after selling 14,567 shares during the period. ProShares Ultra Semiconductors comprises about 2.7% of Client First Investment Management LLC’s portfolio, making the stock its 6th biggest holding. Client First Investment Management LLC’s holdings in ProShares Ultra Semiconductors were worth $5,094,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in USD. First National Trust Co increased its holdings in shares of ProShares Ultra Semiconductors by 100.0% in the fourth quarter. First National Trust Co now owns 6,400 shares of the company’s stock worth $336,000 after purchasing an additional 3,200 shares during the last quarter. Advisory Alpha LLC increased its holdings in shares of ProShares Ultra Semiconductors by 100.3% in the fourth quarter. Advisory Alpha LLC now owns 20,559 shares of the company’s stock worth $1,080,000 after purchasing an additional 10,295 shares during the last quarter. Concentrum Wealth Management increased its holdings in shares of ProShares Ultra Semiconductors by 102.0% in the fourth quarter. Concentrum Wealth Management now owns 4,903 shares of the company’s stock worth $257,000 after purchasing an additional 2,476 shares during the last quarter. Valeo Financial Advisors LLC increased its holdings in shares of ProShares Ultra Semiconductors by 100.0% in the fourth quarter. Valeo Financial Advisors LLC now owns 9,200 shares of the company’s stock worth $483,000 after purchasing an additional 4,600 shares during the last quarter. Finally, Pure Financial Advisors LLC increased its holdings in shares of ProShares Ultra Semiconductors by 100.0% in the fourth quarter. Pure Financial Advisors LLC now owns 6,872 shares of the company’s stock worth $361,000 after purchasing an additional 3,436 shares during the last quarter.

ProShares Ultra Semiconductors Trading Down 1.5%

Shares of USD stock opened at $99.81 on Thursday. ProShares Ultra Semiconductors has a 12-month low of $26.52 and a 12-month high of $105.32. The stock’s 50-day moving average price is $72.31 and its 200-day moving average price is $60.65. The stock has a market capitalization of $3.03 billion, a price-to-earnings ratio of 40.05 and a beta of 3.63.

About ProShares Ultra Semiconductors

ProShares Ultra Semiconductors (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Semiconductor Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. It also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.