Jefferies Group LLC purchased a new position in shares of ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST) in the 3rd quarter, Holdings Channel reports. The institutional investor purchased 188,100 shares of the company’s stock, valued at approximately $4,385,000.
Separately, Citadel Advisors LLC acquired a new position in shares of ProShares UltraShort Lehman 7-10 Year Treasury during the 2nd quarter worth $227,000.
NYSEARCA:PST opened at $22.46 on Friday. ProShares UltraShort Lehman 7-10 Year Treasury has a 52-week low of $21.36 and a 52-week high of $23.94.
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About ProShares UltraShort Lehman 7-10 Year Treasury
ProShares UltraShort 7-10 Year Treasury seeks daily investment results, which correspond to twice (200%) the inverse (opposite) of the daily performance of the Barclays Capital 7-10 Year U.S. Treasury Index. The Barclays Capital 7-10 Year U.S. Treasury Index includes all publicly issued, the United States Treasury securities, which have a remaining maturity of between seven and 10 years, are non-convertible and are denominated in the United States dollars, are rated (at least Baa3 by Moody’s Investors Service or BBB- by S&P) and are fixed rate.
Further Reading: Risk Tolerance and Your Investment Decisions
Want to see what other hedge funds are holding PST? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraShort Lehman 7-10 Year Treasury (NYSEARCA:PST).
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