Mutual Advisors LLC purchased a new stake in shares of ProShares UltraShort Yen (NYSEARCA:YCS – Free Report) in the third quarter, according to its most recent disclosure with the SEC. The firm purchased 66,423 shares of the company’s stock, valued at approximately $3,156,000. Mutual Advisors LLC owned approximately 0.08% of ProShares UltraShort Yen at the end of the most recent quarter.
Separately, Geneos Wealth Management Inc. acquired a new position in ProShares UltraShort Yen in the 3rd quarter worth $50,000.
ProShares UltraShort Yen Price Performance
NYSEARCA:YCS opened at $50.43 on Tuesday. The firm has a 50-day moving average of $50.64 and a two-hundred day moving average of $47.42. ProShares UltraShort Yen has a 1-year low of $38.89 and a 1-year high of $52.71.
ProShares UltraShort Yen Company Profile
The ProShares UltraShort Yen (YCS) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCS was launched on Nov 25, 2008 and is managed by ProShares.
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