162,526 Shares in ProShares Short 20+ Year Treasury (NYSEARCA:TBF) Bought by Robinson Value Management Ltd.

Robinson Value Management Ltd. bought a new position in ProShares Short 20+ Year Treasury (NYSEARCA:TBF) in the 4th quarter, Holdings Channel.com reports. The fund bought 162,526 shares of the company’s stock, valued at approximately $4,005,000. ProShares Short 20+ Year Treasury makes up 2.6% of Robinson Value Management Ltd.’s holdings, making the stock its 9th biggest position.

Other hedge funds also recently bought and sold shares of the company. Advisors Preferred LLC bought a new position in shares of ProShares Short 20+ Year Treasury during the 4th quarter valued at about $3,885,000. Jane Street Group LLC boosted its holdings in shares of ProShares Short 20+ Year Treasury by 86.8% during the 3rd quarter. Jane Street Group LLC now owns 154,405 shares of the company’s stock valued at $3,417,000 after purchasing an additional 71,727 shares during the last quarter. Worth Asset Management LLC bought a new position in shares of ProShares Short 20+ Year Treasury during the 4th quarter valued at about $596,000. Finally, Stratos Wealth Partners LTD. bought a new position in shares of ProShares Short 20+ Year Treasury during the 4th quarter valued at about $480,000.

ProShares Short 20+ Year Treasury Price Performance

TBF opened at $24.11 on Friday. The firm has a 50-day simple moving average of $24.36 and a two-hundred day simple moving average of $23.39. ProShares Short 20+ Year Treasury has a 52 week low of $21.56 and a 52 week high of $25.39.

ProShares Short 20+ Year Treasury Profile

ProShares Short 20+ Year Treasury (the Fund) seeks daily investment results and interest income earned on cash and financial instruments, which correspond to the inverse (opposite) of the daily performance of the Barclays Capital 20+ Year U.S. Treasury Index (the Index). The Fund seeks a return of -100% of the return of an index for a single day.