Retirement Planning Co of New England Inc. Sells 1,698 Shares of ProShares Ultra Semiconductors (NYSEARCA:USD)

Retirement Planning Co of New England Inc. reduced its position in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) by 9.2% in the second quarter, according to its most recent filing with the SEC. The fund owned 16,813 shares of the company’s stock after selling 1,698 shares during the quarter. ProShares Ultra Semiconductors comprises approximately 1.3% of Retirement Planning Co of New England Inc.’s holdings, making the stock its 16th largest holding. Retirement Planning Co of New England Inc. owned 0.20% of ProShares Ultra Semiconductors worth $2,339,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Iron Horse Wealth Management LLC bought a new stake in ProShares Ultra Semiconductors during the first quarter worth approximately $29,000. First National Trust Co bought a new position in shares of ProShares Ultra Semiconductors during the 2nd quarter valued at approximately $223,000. Pure Financial Advisors LLC purchased a new stake in ProShares Ultra Semiconductors during the 2nd quarter valued at $239,000. Morse Asset Management Inc bought a new stake in ProShares Ultra Semiconductors in the first quarter worth $268,000. Finally, Evanson Asset Management LLC purchased a new position in ProShares Ultra Semiconductors during the first quarter worth $767,000.

ProShares Ultra Semiconductors Price Performance

Shares of USD opened at $113.42 on Friday. The company’s fifty day simple moving average is $118.84 and its 200-day simple moving average is $112.53. ProShares Ultra Semiconductors has a twelve month low of $32.13 and a twelve month high of $170.13.

About ProShares Ultra Semiconductors

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.