ProShares Ultra Semiconductors (NYSEARCA:USD) Shares Bought by Retirement Planning Co of New England Inc.

Retirement Planning Co of New England Inc. boosted its stake in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) by 95.8% during the 4th quarter, according to its most recent filing with the SEC. The firm owned 35,788 shares of the company’s stock after purchasing an additional 17,512 shares during the period. ProShares Ultra Semiconductors makes up approximately 1.1% of Retirement Planning Co of New England Inc.’s portfolio, making the stock its 20th biggest holding. Retirement Planning Co of New England Inc. owned 0.43% of ProShares Ultra Semiconductors worth $2,331,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of the stock. Iron Horse Wealth Management LLC increased its holdings in ProShares Ultra Semiconductors by 100.0% in the fourth quarter. Iron Horse Wealth Management LLC now owns 612 shares of the company’s stock valued at $40,000 after buying an additional 306 shares in the last quarter. Bogart Wealth LLC boosted its position in ProShares Ultra Semiconductors by 50.0% during the fourth quarter. Bogart Wealth LLC now owns 1,500 shares of the company’s stock worth $98,000 after purchasing an additional 500 shares in the last quarter. Pure Financial Advisors LLC grew its holdings in ProShares Ultra Semiconductors by 100.0% in the fourth quarter. Pure Financial Advisors LLC now owns 3,436 shares of the company’s stock valued at $224,000 after purchasing an additional 1,718 shares during the period. Spire Wealth Management increased its position in shares of ProShares Ultra Semiconductors by 100.1% in the fourth quarter. Spire Wealth Management now owns 3,751 shares of the company’s stock valued at $244,000 after buying an additional 1,876 shares in the last quarter. Finally, Plotkin Financial Advisors LLC purchased a new position in shares of ProShares Ultra Semiconductors during the 3rd quarter valued at approximately $226,000.

ProShares Ultra Semiconductors Stock Performance

Shares of NYSEARCA USD opened at $49.30 on Tuesday. The firm has a market cap of $885.92 million, a PE ratio of 34.10 and a beta of 2.78. ProShares Ultra Semiconductors has a one year low of $36.15 and a one year high of $85.07. The firm has a fifty day moving average of $59.44 and a 200 day moving average of $62.77.

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.