ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Position Trimmed by Kovack Advisors Inc.

Kovack Advisors Inc. decreased its holdings in ProShares Short 20+ Year Treasury (NYSEARCA:TBFFree Report) by 21.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 12,514 shares of the company’s stock after selling 3,339 shares during the period. Kovack Advisors Inc. owned about 0.17% of ProShares Short 20+ Year Treasury worth $277,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Simplex Trading LLC acquired a new position in ProShares Short 20+ Year Treasury in the 4th quarter valued at approximately $56,000. Shepherd Kaplan Krochuk LLC acquired a new position in shares of ProShares Short 20+ Year Treasury in the third quarter worth $811,000. LPL Financial LLC raised its holdings in shares of ProShares Short 20+ Year Treasury by 23.8% during the third quarter. LPL Financial LLC now owns 200,910 shares of the company’s stock worth $5,053,000 after acquiring an additional 38,655 shares in the last quarter. Atomi Financial Group Inc. acquired a new stake in ProShares Short 20+ Year Treasury during the third quarter valued at $525,000. Finally, AlphaStar Capital Management LLC acquired a new stake in ProShares Short 20+ Year Treasury during the third quarter valued at $860,000.

ProShares Short 20+ Year Treasury Stock Down 0.8 %

Shares of TBF stock opened at $24.72 on Tuesday. ProShares Short 20+ Year Treasury has a fifty-two week low of $21.02 and a fifty-two week high of $27.03. The stock’s 50-day moving average is $23.81 and its two-hundred day moving average is $23.86.

ProShares Short 20+ Year Treasury Company Profile

(Free Report)

ProShares Short 20+ Year Treasury (the Fund) seeks daily investment results and interest income earned on cash and financial instruments, which correspond to the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index (the Index). The Fund seeks a return of -100% of the return of an index for a single day.

Read More

Want to see what other hedge funds are holding TBF? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Short 20+ Year Treasury (NYSEARCA:TBFFree Report).

Institutional Ownership by Quarter for ProShares Short 20+ Year Treasury (NYSEARCA:TBF)

Receive News & Ratings for ProShares Short 20+ Year Treasury Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Short 20+ Year Treasury and related companies with MarketBeat.com's FREE daily email newsletter.