Harbor Group Inc. Purchases 8,000 Shares of ProShares Ultra Semiconductors $USD

Harbor Group Inc. acquired a new stake in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) during the 3rd quarter, HoldingsChannel.com reports. The fund acquired 8,000 shares of the company’s stock, valued at approximately $770,000.

A number of other large investors have also recently bought and sold shares of USD. Integrated Wealth Concepts LLC boosted its holdings in shares of ProShares Ultra Semiconductors by 10.7% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 663,610 shares of the company’s stock worth $69,188,000 after buying an additional 64,000 shares during the period. Quantinno Capital Management LP boosted its holdings in ProShares Ultra Semiconductors by 414.2% in the 1st quarter. Quantinno Capital Management LP now owns 21,615 shares of the company’s stock valued at $1,036,000 after purchasing an additional 17,411 shares during the period. Client First Investment Management LLC acquired a new stake in ProShares Ultra Semiconductors during the second quarter worth about $1,121,000. Dale Q Rice Investment Management Ltd lifted its position in shares of ProShares Ultra Semiconductors by 2.0% in the 1st quarter. Dale Q Rice Investment Management Ltd now owns 447,279 shares of the company’s stock worth $21,447,000 after acquiring an additional 8,716 shares during the period. Finally, Diversify Wealth Management LLC acquired a new stake in shares of ProShares Ultra Semiconductors during the 1st quarter worth approximately $155,000.

ProShares Ultra Semiconductors Trading Down 7.3%

NYSEARCA USD opened at $84.57 on Thursday. The stock’s 50 day moving average is $90.04 and its two-hundred day moving average is $87.25. The company has a market capitalization of $2.59 billion, a price-to-earnings ratio of 40.05 and a beta of 3.70. ProShares Ultra Semiconductors has a 1-year low of $42.56 and a 1-year high of $116.50.

ProShares Ultra Semiconductors Profile

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.