Hamilton Wealth LLC Purchases New Position in ProShares Ultra Semiconductors (NYSEARCA:USD)

Hamilton Wealth LLC purchased a new stake in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) during the 1st quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund purchased 44,365 shares of the company’s stock, valued at approximately $4,399,000. ProShares Ultra Semiconductors accounts for approximately 1.4% of Hamilton Wealth LLC’s holdings, making the stock its 24th biggest position. Hamilton Wealth LLC owned about 0.53% of ProShares Ultra Semiconductors as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of USD. Advisory Alpha LLC bought a new stake in ProShares Ultra Semiconductors during the fourth quarter worth about $278,000. Simplex Trading LLC boosted its stake in ProShares Ultra Semiconductors by 16.9% during the fourth quarter. Simplex Trading LLC now owns 11,645 shares of the company’s stock worth $633,000 after acquiring an additional 1,686 shares in the last quarter. US Asset Management LLC bought a new position in shares of ProShares Ultra Semiconductors in the fourth quarter worth approximately $702,000. Cambridge Investment Research Advisors Inc. purchased a new stake in shares of ProShares Ultra Semiconductors during the fourth quarter valued at approximately $3,274,000. Finally, Clarity Capital Partners LLC purchased a new stake in shares of ProShares Ultra Semiconductors during the fourth quarter valued at approximately $4,089,000.

ProShares Ultra Semiconductors Trading Down 7.2 %

Shares of NYSEARCA:USD traded down $7.59 during trading on Friday, reaching $97.94. 1,442,942 shares of the stock traded hands, compared to its average volume of 453,021. The stock has a 50-day moving average of $136.14 and a two-hundred day moving average of $104.17. ProShares Ultra Semiconductors has a 52-week low of $32.13 and a 52-week high of $170.13.

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.