ProShares Ultra Semiconductors (NYSEARCA:USD) Shares Acquired by Whittier Trust Co.

Whittier Trust Co. boosted its position in ProShares Ultra Semiconductors (NYSEARCA:USD) by 152.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 480 shares of the company’s stock after acquiring an additional 290 shares during the quarter. Whittier Trust Co.’s holdings in ProShares Ultra Semiconductors were worth $31,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently added to or reduced their stakes in the company. Dale Q Rice Investment Management Ltd acquired a new position in shares of ProShares Ultra Semiconductors in the 4th quarter valued at about $28,445,000. Client First Investment Management LLC lifted its position in ProShares Ultra Semiconductors by 58.1% during the fourth quarter. Client First Investment Management LLC now owns 69,012 shares of the company’s stock valued at $4,495,000 after buying an additional 25,351 shares in the last quarter. Retirement Planning Co of New England Inc. grew its stake in ProShares Ultra Semiconductors by 95.8% during the fourth quarter. Retirement Planning Co of New England Inc. now owns 35,788 shares of the company’s stock worth $2,331,000 after buying an additional 17,512 shares during the period. Avaii Wealth Management LLC increased its position in shares of ProShares Ultra Semiconductors by 100.0% in the fourth quarter. Avaii Wealth Management LLC now owns 12,432 shares of the company’s stock worth $810,000 after acquiring an additional 6,216 shares in the last quarter. Finally, Beaton Management Co. Inc. increased its position in shares of ProShares Ultra Semiconductors by 100.0% in the fourth quarter. Beaton Management Co. Inc. now owns 12,420 shares of the company’s stock worth $809,000 after acquiring an additional 6,210 shares in the last quarter.

ProShares Ultra Semiconductors Trading Up 5.0 %

NYSEARCA:USD opened at $49.84 on Tuesday. The firm’s fifty day simple moving average is $57.50 and its 200 day simple moving average is $62.60. ProShares Ultra Semiconductors has a twelve month low of $36.15 and a twelve month high of $85.07. The firm has a market capitalization of $895.62 million, a price-to-earnings ratio of 34.10 and a beta of 2.78.

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.