ProShares Ultra Semiconductors (NYSEARCA:USD) is Client First Investment Management LLC’s 6th Largest Position

Client First Investment Management LLC increased its stake in ProShares Ultra Semiconductors (NYSEARCA:USD) by 750.4% during the second quarter, Holdings Channel.com reports. The firm owned 31,091 shares of the company’s stock after purchasing an additional 27,435 shares during the quarter. ProShares Ultra Semiconductors accounts for approximately 3.4% of Client First Investment Management LLC’s holdings, making the stock its 6th largest position. Client First Investment Management LLC’s holdings in ProShares Ultra Semiconductors were worth $4,325,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of USD. Iron Horse Wealth Management LLC bought a new position in shares of ProShares Ultra Semiconductors in the first quarter worth approximately $29,000. First National Trust Co bought a new stake in shares of ProShares Ultra Semiconductors during the 2nd quarter valued at $223,000. Pure Financial Advisors LLC purchased a new position in shares of ProShares Ultra Semiconductors during the 2nd quarter valued at $239,000. Morse Asset Management Inc bought a new position in ProShares Ultra Semiconductors in the 1st quarter worth $268,000. Finally, Evanson Asset Management LLC purchased a new stake in ProShares Ultra Semiconductors in the 1st quarter worth $767,000.

ProShares Ultra Semiconductors Price Performance

NYSEARCA:USD opened at $111.75 on Friday. The business’s 50-day simple moving average is $114.37 and its two-hundred day simple moving average is $113.06. ProShares Ultra Semiconductors has a 52 week low of $32.13 and a 52 week high of $170.13.

ProShares Ultra Semiconductors 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.