10,756 Shares in ProShares Ultra Semiconductors $USD Purchased by Client First Investment Management LLC

Client First Investment Management LLC purchased a new position in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) during the second quarter, HoldingsChannel reports. The firm purchased 10,756 shares of the company’s stock, valued at approximately $1,121,000. ProShares Ultra Semiconductors makes up about 0.5% of Client First Investment Management LLC’s portfolio, making the stock its 22nd biggest holding.

Other institutional investors have also recently bought and sold shares of the company. Quantinno Capital Management LP lifted its position in shares of ProShares Ultra Semiconductors by 414.2% in the first quarter. Quantinno Capital Management LP now owns 21,615 shares of the company’s stock valued at $1,036,000 after buying an additional 17,411 shares during the last quarter. Dale Q Rice Investment Management Ltd boosted its stake in shares of ProShares Ultra Semiconductors by 2.0% during the 1st quarter. Dale Q Rice Investment Management Ltd now owns 447,279 shares of the company’s stock worth $21,447,000 after acquiring an additional 8,716 shares during the period. Independent Financial Group LLC acquired a new position in shares of ProShares Ultra Semiconductors during the 1st quarter worth approximately $231,000. Diversify Wealth Management LLC acquired a new position in shares of ProShares Ultra Semiconductors during the 1st quarter worth approximately $155,000. Finally, Fortitude Advisory Group L.L.C. acquired a new position in shares of ProShares Ultra Semiconductors during the 1st quarter worth approximately $233,000.

ProShares Ultra Semiconductors Trading Up 3.5%

USD opened at $93.67 on Friday. The stock’s fifty day simple moving average is $93.21 and its 200 day simple moving average is $75.27. ProShares Ultra Semiconductors has a 1-year low of $39.35 and a 1-year high of $116.50. The stock has a market cap of $2.95 billion, a PE ratio of 40.05 and a beta of 3.69.

ProShares Ultra Semiconductors Company 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. It also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.