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

Northwest Capital Management Inc purchased a new position in shares of ProShares UltraShort 20+ Year Treasury (NYSEARCA:TBT) during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor purchased 24,998 shares of the exchange traded fund’s stock, valued at approximately $915,000. Northwest Capital Management Inc owned approximately 0.25% of ProShares UltraShort 20+ Year Treasury as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also recently modified their holdings of TBT. Camelot Technology Advisors Inc. grew its stake in shares of ProShares UltraShort 20+ Year Treasury by 1.1% in the 4th quarter. Camelot Technology Advisors Inc. now owns 25,883 shares of the exchange traded fund’s stock valued at $948,000 after buying an additional 271 shares during the period. Auour Investments LLC boosted its holdings in ProShares UltraShort 20+ Year Treasury by 6.9% in the fourth quarter. Auour Investments LLC now owns 6,411 shares of the exchange traded fund’s stock worth $234,000 after acquiring an additional 413 shares in the last quarter. Verity Asset Management Inc. grew its stake in ProShares UltraShort 20+ Year Treasury by 4.0% in the third quarter. Verity Asset Management Inc. now owns 28,375 shares of the exchange traded fund’s stock valued at $845,000 after acquiring an additional 1,082 shares during the period. Essex LLC bought a new stake in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter valued at approximately $243,000. Finally, Brave Asset Management Inc. acquired a new position in shares of ProShares UltraShort 20+ Year Treasury during the fourth quarter worth approximately $264,000.

ProShares UltraShort 20+ Year Treasury Price Performance

NYSEARCA TBT opened at $34.95 on Monday. The company has a fifty day simple moving average of $36.39 and a 200 day simple moving average of $33.41. ProShares UltraShort 20+ Year Treasury has a 12-month low of $28.00 and a 12-month 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.