Quantinno Capital Management LP Buys 17,411 Shares of ProShares Ultra Semiconductors $USD

Quantinno Capital Management LP raised its stake in ProShares Ultra Semiconductors (NYSEARCA:USD) by 414.2% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,615 shares of the company’s stock after buying an additional 17,411 shares during the quarter. Quantinno Capital Management LP’s holdings in ProShares Ultra Semiconductors were worth $1,036,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Federation des caisses Desjardins du Quebec bought a new stake in shares of ProShares Ultra Semiconductors in the 4th quarter valued at about $32,000. BOKF NA raised its position in shares of ProShares Ultra Semiconductors by 100.0% in the 4th quarter. BOKF NA now owns 720 shares of the company’s stock valued at $38,000 after acquiring an additional 360 shares during the period. Whittier Trust Co. boosted its stake in ProShares Ultra Semiconductors by 100.0% during the 4th quarter. Whittier Trust Co. now owns 960 shares of the company’s stock worth $54,000 after acquiring an additional 480 shares during the last quarter. Franklin Resources Inc. bought a new position in ProShares Ultra Semiconductors during the 2nd quarter worth approximately $61,000. Finally, Qube Research & Technologies Ltd acquired a new position in ProShares Ultra Semiconductors during the third quarter valued at approximately $64,000.

ProShares Ultra Semiconductors Stock Performance

Shares of NYSEARCA USD opened at $94.16 on Friday. ProShares Ultra Semiconductors has a 52-week low of $39.35 and a 52-week high of $116.50. The stock has a market cap of $2.96 billion, a P/E ratio of 40.05 and a beta of 3.69. The firm has a 50 day moving average price of $91.86 and a 200 day moving average price of $76.53.

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. It also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.