ProShares Ultra Semiconductors (NYSEARCA:USD) Stake Increased by Whittier Trust Co.

Whittier Trust Co. lifted its holdings in ProShares Ultra Semiconductors (NYSEARCA:USD) by 152.6% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 480 shares of the company’s stock after buying an additional 290 shares during the period. Whittier Trust Co.’s holdings in ProShares Ultra Semiconductors were worth $31,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Iron Horse Wealth Management LLC increased its stake in ProShares Ultra Semiconductors by 100.0% in the 4th 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 during the period. Bogart Wealth LLC grew its holdings in shares of ProShares Ultra Semiconductors by 50.0% during the 4th quarter. Bogart Wealth LLC now owns 1,500 shares of the company’s stock valued at $98,000 after acquiring an additional 500 shares in the last quarter. First National Trust Co acquired a new position in shares of ProShares Ultra Semiconductors in the fourth quarter worth $208,000. Pure Financial Advisors LLC raised its holdings in shares of ProShares Ultra Semiconductors by 100.0% during the fourth quarter. Pure Financial Advisors LLC now owns 3,436 shares of the company’s stock worth $224,000 after acquiring an additional 1,718 shares in the last quarter. Finally, Plotkin Financial Advisors LLC acquired a new stake in ProShares Ultra Semiconductors during the third quarter valued at $226,000.

ProShares Ultra Semiconductors Price Performance

Shares of NYSEARCA USD opened at $49.84 on Tuesday. ProShares Ultra Semiconductors has a one year low of $36.15 and a one year high of $85.07. The business’s 50-day moving average price is $57.50 and its two-hundred day moving average price is $62.60. The company has a market capitalization of $895.62 million, a P/E 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.