ProShares Ultra Semiconductors $USD Shares Acquired by Morse Asset Management Inc

Morse Asset Management Inc grew its holdings in ProShares Ultra Semiconductors (NYSEARCA:USD) by 99.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,687 shares of the company’s stock after purchasing an additional 8,812 shares during the quarter. Morse Asset Management Inc owned approximately 0.06% of ProShares Ultra Semiconductors worth $929,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of USD. Guerra Advisors Inc acquired a new stake in shares of ProShares Ultra Semiconductors in the third quarter valued at approximately $26,000. Whittier Trust Co. boosted its position in ProShares Ultra Semiconductors by 100.0% during the fourth quarter. Whittier Trust Co. now owns 960 shares of the company’s stock worth $54,000 after acquiring an additional 480 shares during the last quarter. Franklin Resources Inc. acquired a new stake in ProShares Ultra Semiconductors during the second quarter worth approximately $61,000. Qube Research & Technologies Ltd acquired a new stake in ProShares Ultra Semiconductors during the third quarter worth approximately $64,000. Finally, Bank of America Corp DE raised its stake in ProShares Ultra Semiconductors by 100.0% during the fourth quarter. Bank of America Corp DE now owns 1,050 shares of the company’s stock worth $68,000 after purchasing an additional 525 shares during the period.

ProShares Ultra Semiconductors Stock Down 0.6%

NYSEARCA:USD opened at $77.66 on Tuesday. The company has a market cap of $2.36 billion, a P/E ratio of 40.05 and a beta of 3.63. ProShares Ultra Semiconductors has a fifty-two week low of $19.77 and a fifty-two week high of $82.51. The firm’s 50 day moving average is $58.64 and its two-hundred day moving average is $55.93.

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.