Citadel Advisors LLC Invests $1.79 Million in ProShares Short 7-10 Treasury $TBX

Citadel Advisors LLC bought a new stake in ProShares Short 7-10 Treasury (NYSEARCA:TBX) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 63,122 shares of the exchange traded fund’s stock, valued at approximately $1,786,000. Citadel Advisors LLC owned 0.09% of ProShares Short 7-10 Treasury at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in TBX. Jane Street Group LLC boosted its position in ProShares Short 7-10 Treasury by 18.6% during the 2nd quarter. Jane Street Group LLC now owns 25,062 shares of the exchange traded fund’s stock worth $706,000 after purchasing an additional 3,925 shares during the period. Royal Bank of Canada raised its position in ProShares Short 7-10 Treasury by 182.9% in the fourth quarter. Royal Bank of Canada now owns 24,911 shares of the exchange traded fund’s stock valued at $692,000 after purchasing an additional 16,106 shares during the period. Finally, LPL Financial LLC purchased a new position in ProShares Short 7-10 Treasury in the fourth quarter valued at about $785,000.

ProShares Short 7-10 Treasury Stock Performance

Shares of TBX opened at $29.15 on Thursday. The stock’s 50-day moving average is $28.74 and its two-hundred day moving average is $28.39. ProShares Short 7-10 Treasury has a 12 month low of $27.42 and a 12 month high of $29.21.

ProShares Short 7-10 Treasury 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.