Freedom Investment Management Inc. Buys New Shares in ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT)

Freedom Investment Management Inc. purchased a new position in shares of ProShares Ultra 20+ Year Treasury (NYSEARCA:UBT) during the 3rd quarter, HoldingsChannel reports. The firm purchased 9,521 shares of the company’s stock, valued at approximately $203,000.

Separately, Crew Capital Management Ltd. acquired a new position in shares of ProShares Ultra 20+ Year Treasury during the third quarter worth about $315,000.

ProShares Ultra 20+ Year Treasury Stock Performance

UBT stock opened at $19.53 on Monday. ProShares Ultra 20+ Year Treasury has a fifty-two week low of $17.20 and a fifty-two week high of $23.22. The company’s 50 day moving average price is $19.47 and its 200 day moving average price is $20.00.

About ProShares Ultra 20+ Year Treasury

ProShares Ultra 20+ Year Treasury (the Fund) seeks daily investment results, before fees and expenses and interest income earned on cash and financial instruments, that correspond to twice (200%) the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index. The Fund invests in United States Treasury securities and derivatives that have similar daily performance characteristics as twice (200%) the daily return of the Index.