Royal Fund Management LLC Takes $1.04 Million Position in ProShares Ultra 7-10 Year Treasury $UST

Royal Fund Management LLC acquired a new stake in ProShares Ultra 7-10 Year Treasury (NYSEARCA:UST) in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund acquired 23,547 shares of the company’s stock, valued at approximately $1,035,000.

Other hedge funds have also recently bought and sold shares of the company. Elevation Wealth Partners LLC lifted its position in shares of ProShares Ultra 7-10 Year Treasury by 27.1% in the third quarter. Elevation Wealth Partners LLC now owns 2,787 shares of the company’s stock worth $122,000 after buying an additional 595 shares during the last quarter. Valeo Financial Advisors LLC acquired a new position in shares of ProShares Ultra 7-10 Year Treasury during the 2nd quarter valued at about $575,000. Finally, Flow Traders U.S. LLC raised its stake in shares of ProShares Ultra 7-10 Year Treasury by 190.6% in the 2nd quarter. Flow Traders U.S. LLC now owns 55,844 shares of the company’s stock valued at $2,418,000 after acquiring an additional 36,627 shares in the last quarter.

ProShares Ultra 7-10 Year Treasury Stock Performance

UST opened at $43.41 on Monday. The business has a 50 day moving average price of $44.28 and a 200 day moving average price of $43.99. ProShares Ultra 7-10 Year Treasury has a twelve month low of $37.60 and a twelve month high of $46.00.

About ProShares Ultra 7-10 Year Treasury

ProShares Ultra 7-10 Year Treasury (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity of between 7 and 10 years, are non-convertible, are denominated in United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P), are fixed rate, and have more than $250 million par outstanding.