Mariner LLC Grows Stake in ProShares Ultra Semiconductors $USD

Mariner LLC lifted its position in ProShares Ultra Semiconductors (NYSEARCA:USD) by 66.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 14,832,743 shares of the company’s stock after purchasing an additional 5,928,597 shares during the period. ProShares Ultra Semiconductors accounts for approximately 0.9% of Mariner LLC’s investment portfolio, making the stock its 19th largest holding. Mariner LLC owned approximately 0.47% of ProShares Ultra Semiconductors worth $778,867,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of USD. Federation des caisses Desjardins du Quebec purchased a new position in shares of ProShares Ultra Semiconductors in the 4th quarter worth $32,000. BOKF NA boosted its stake in shares of ProShares Ultra Semiconductors by 100.0% in the 4th quarter. BOKF NA now owns 720 shares of the company’s stock worth $38,000 after buying an additional 360 shares during the last quarter. Whittier Trust Co. boosted its stake in shares of ProShares Ultra Semiconductors by 100.0% in the 4th quarter. Whittier Trust Co. now owns 960 shares of the company’s stock worth $54,000 after buying an additional 480 shares during the last quarter. Franklin Resources Inc. purchased a new position in shares of ProShares Ultra Semiconductors in the 2nd quarter worth $61,000. Finally, Qube Research & Technologies Ltd purchased a new position in shares of ProShares Ultra Semiconductors in the 3rd quarter worth $64,000.

ProShares Ultra Semiconductors Stock Performance

Shares of ProShares Ultra Semiconductors stock opened at $98.01 on Monday. The stock’s fifty day moving average is $84.46 and its 200 day moving average is $64.70. The stock has a market cap of $2.98 billion, a P/E ratio of 40.05 and a beta of 3.66. ProShares Ultra Semiconductors has a one year low of $30.24 and a one year high of $116.50.

ProShares Ultra Semiconductors Company 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.