Dale Q Rice Investment Management Ltd Acquires 8,716 Shares of ProShares Ultra Semiconductors $USD

Dale Q Rice Investment Management Ltd grew its holdings in shares of ProShares Ultra Semiconductors (NYSEARCA:USD) by 2.0% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 447,279 shares of the company’s stock after purchasing an additional 8,716 shares during the period. ProShares Ultra Semiconductors comprises 16.2% of Dale Q Rice Investment Management Ltd’s investment portfolio, making the stock its 2nd largest holding. Dale Q Rice Investment Management Ltd’s holdings in ProShares Ultra Semiconductors were worth $21,447,000 as of its most recent SEC filing.

Other large investors also recently made changes to their positions in the company. Federation des caisses Desjardins du Quebec purchased a new position in shares of ProShares Ultra Semiconductors in the 4th quarter valued at $32,000. Qube Research & Technologies Ltd purchased a new stake in ProShares Ultra Semiconductors during the 3rd quarter worth $64,000. BOKF NA boosted its position in ProShares Ultra Semiconductors by 100.0% during the 4th quarter. BOKF NA now owns 720 shares of the company’s stock worth $38,000 after purchasing an additional 360 shares during the period. Franklin Resources Inc. acquired a new stake in ProShares Ultra Semiconductors in the 2nd quarter valued at $61,000. Finally, Whittier Trust Co. increased its holdings in ProShares Ultra Semiconductors by 100.0% in the 4th quarter. Whittier Trust Co. now owns 960 shares of the company’s stock valued at $54,000 after purchasing an additional 480 shares in the last quarter.

ProShares Ultra Semiconductors Price Performance

NYSEARCA:USD opened at $83.24 on Tuesday. The business’s 50-day moving average is $96.80 and its two-hundred day moving average is $72.49. ProShares Ultra Semiconductors has a 12 month low of $38.66 and a 12 month high of $116.50. The firm has a market capitalization of $2.56 billion, a PE ratio of 40.05 and a beta of 3.65.

ProShares Ultra Semiconductors 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.