Integrated Wealth Concepts LLC Has $69.19 Million Holdings in ProShares Ultra Semiconductors $USD

Integrated Wealth Concepts LLC lifted its position in ProShares Ultra Semiconductors (NYSEARCA:USD) by 10.7% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 663,610 shares of the company’s stock after acquiring an additional 64,000 shares during the period. Integrated Wealth Concepts LLC’s holdings in ProShares Ultra Semiconductors were worth $69,188,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in USD. Nwam LLC purchased a new position in ProShares Ultra Semiconductors during the 2nd quarter worth approximately $209,000. Client First Investment Management LLC acquired a new stake in ProShares Ultra Semiconductors during the 2nd quarter worth about $1,121,000. Quantinno Capital Management LP grew its stake in ProShares Ultra Semiconductors by 414.2% during the 1st quarter. Quantinno Capital Management LP now owns 21,615 shares of the company’s stock valued at $1,036,000 after acquiring an additional 17,411 shares in the last quarter. Dale Q Rice Investment Management Ltd increased its holdings in shares of ProShares Ultra Semiconductors by 2.0% in the 1st quarter. Dale Q Rice Investment Management Ltd now owns 447,279 shares of the company’s stock valued at $21,447,000 after purchasing an additional 8,716 shares during the period. Finally, Independent Financial Group LLC acquired a new position in shares of ProShares Ultra Semiconductors in the 1st quarter valued at about $231,000.

ProShares Ultra Semiconductors Price Performance

NYSEARCA USD opened at $89.70 on Wednesday. The firm has a market capitalization of $2.82 billion, a price-to-earnings ratio of 40.05 and a beta of 3.69. The company has a 50 day simple moving average of $87.18 and a 200-day simple moving average of $80.17. ProShares Ultra Semiconductors has a 52-week low of $42.18 and a 52-week high of $116.50.

About ProShares Ultra Semiconductors

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.