Coppell Advisory Solutions LLC Grows Position in ProShares Short 7-10 Treasury (NYSEARCA:TBX)

Coppell Advisory Solutions LLC increased its holdings in ProShares Short 7-10 Treasury (NYSEARCA:TBX) by 516.6% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 3,379 shares of the exchange traded fund’s stock after buying an additional 2,831 shares during the quarter. Coppell Advisory Solutions LLC owned about 0.59% of ProShares Short 7-10 Treasury worth $98,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. LPL Financial LLC bought a new stake in shares of ProShares Short 7-10 Treasury in the fourth quarter worth $2,887,000. First Affirmative Financial Network grew its stake in shares of ProShares Short 7-10 Treasury by 3.7% during the 4th quarter. First Affirmative Financial Network now owns 56,445 shares of the exchange traded fund’s stock valued at $1,642,000 after purchasing an additional 2,007 shares during the period. Finally, JPMorgan Chase & Co. increased its position in shares of ProShares Short 7-10 Treasury by 55.1% during the 4th quarter. JPMorgan Chase & Co. now owns 15,037 shares of the exchange traded fund’s stock valued at $437,000 after purchasing an additional 5,343 shares during the last quarter.

ProShares Short 7-10 Treasury Price Performance

TBX opened at $28.41 on Friday. ProShares Short 7-10 Treasury has a 12-month low of $27.37 and a 12-month high of $30.45. The company’s 50 day moving average is $28.50 and its 200 day moving average is $29.02.

About ProShares Short 7-10 Treasury

The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.