Quantinno Capital Management LP boosted its position in ProShares Ultra Semiconductors (NYSEARCA:USD – Free Report) by 414.2% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 21,615 shares of the company’s stock after acquiring an additional 17,411 shares during the period. Quantinno Capital Management LP owned 0.07% of ProShares Ultra Semiconductors worth $1,036,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in USD. Retirement Planning Co of New England Inc. lifted its position in ProShares Ultra Semiconductors by 89.7% during the 4th quarter. Retirement Planning Co of New England Inc. now owns 50,465 shares of the company’s stock valued at $2,650,000 after purchasing an additional 23,865 shares during the period. IMC Chicago LLC grew its position in shares of ProShares Ultra Semiconductors by 21.1% during the 4th quarter. IMC Chicago LLC now owns 63,823 shares of the company’s stock worth $3,351,000 after buying an additional 11,116 shares during the period. Mariner LLC raised its stake in shares of ProShares Ultra Semiconductors by 66.6% during the fourth quarter. Mariner LLC now owns 14,832,743 shares of the company’s stock worth $778,867,000 after buying an additional 5,928,597 shares during the last quarter. Morse Asset Management Inc raised its stake in shares of ProShares Ultra Semiconductors by 99.3% during the fourth quarter. Morse Asset Management Inc now owns 17,687 shares of the company’s stock worth $929,000 after buying an additional 8,812 shares during the last quarter. Finally, Chung Wu Investment Group LLC lifted its holdings in ProShares Ultra Semiconductors by 116.7% in the fourth quarter. Chung Wu Investment Group LLC now owns 18,200 shares of the company’s stock valued at $956,000 after buying an additional 9,800 shares during the period.
ProShares Ultra Semiconductors Price Performance
Shares of NYSEARCA USD opened at $94.16 on Friday. ProShares Ultra Semiconductors has a fifty-two week low of $39.35 and a fifty-two week high of $116.50. The firm has a market capitalization of $2.96 billion, a P/E ratio of 40.05 and a beta of 3.69. The company’s 50 day simple moving average is $91.86 and its 200 day simple moving average is $76.53.
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.
Featured Articles
- Five stocks we like better than ProShares Ultra Semiconductors
- Is Best Buy the AI Winner Hiding in the Electronics Aisle?
- Applied Materials Beat Everything but Wall Street’s Expectations for Margins
- Back From Orbit, Intuitive Machines’ Share Price Enters the Buy Zone
- Texas Roadhouse and Brinker International Have the Recipe Rivals Are Missing
Want to see what other hedge funds are holding USD? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Semiconductors (NYSEARCA:USD – Free Report).
Receive News & Ratings for ProShares Ultra Semiconductors Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Semiconductors and related companies with MarketBeat.com's FREE daily email newsletter.
