Northwest Capital Management Inc Makes New Investment in ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT)

Northwest Capital Management Inc purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor purchased 24,998 shares of the exchange traded fund’s stock, valued at approximately $915,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Verity Asset Management Inc. lifted its stake in shares of ProShares UltraShort 20+ Year Treasury by 4.0% during the 3rd quarter. Verity Asset Management Inc. now owns 28,375 shares of the exchange traded fund’s stock valued at $845,000 after buying an additional 1,082 shares in the last quarter. Freedom Investment Management Inc. purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury during the third quarter worth $454,000. Brave Asset Management Inc. purchased a new stake in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter worth $264,000. Client First Investment Management LLC bought a new position in shares of ProShares UltraShort 20+ Year Treasury in the fourth quarter worth $3,210,000. Finally, Camelot Technology Advisors Inc. grew its position in shares of ProShares UltraShort 20+ Year Treasury by 1.1% in the fourth quarter. Camelot Technology Advisors Inc. now owns 25,883 shares of the exchange traded fund’s stock valued at $948,000 after purchasing an additional 271 shares in the last quarter.

ProShares UltraShort 20+ Year Treasury Trading Down 2.3 %

NYSEARCA:TBT opened at $34.95 on Monday. The business’s fifty day moving average is $36.39 and its 200 day moving average is $33.41. ProShares UltraShort 20+ Year Treasury has a 52-week low of $28.00 and a 52-week high of $38.98.

About ProShares UltraShort 20+ Year Treasury

ProShares UltraShort 20+ Year Treasury (the Fund), formerly ProShares UltraShort Lehman 20+ Year Treasury, seeks daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Bond Index (the Index). The Index includes all publicly issued, the United States Treasury securities that have a remaining maturity greater than 20 years, are non-convertible, are denominated in United States dollars, are rated investment grade (at least Baa3 by Moody’s Investors Service or BBB- by Standard & Poor’s (S&P)), are fixed rate, and have more than $250 million par outstanding.