ProShares Short 7-10 Treasury (NYSEARCA:TBX) Position Reduced by First Affirmative Financial Network

First Affirmative Financial Network lessened its stake in ProShares Short 7-10 Treasury (NYSEARCA:TBXFree Report) by 2.2% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 54,263 shares of the exchange traded fund’s stock after selling 1,245 shares during the period. ProShares Short 7-10 Treasury comprises approximately 1.2% of First Affirmative Financial Network’s investment portfolio, making the stock its 8th largest holding. First Affirmative Financial Network owned 0.05% of ProShares Short 7-10 Treasury worth $1,587,000 at the end of the most recent reporting period.

ProShares Short 7-10 Treasury Trading Up 0.1 %

TBX traded up $0.03 on Friday, hitting $29.67. 26,901 shares of the company’s stock were exchanged, compared to its average volume of 29,560. ProShares Short 7-10 Treasury has a fifty-two week low of $28.30 and a fifty-two week high of $31.51. The firm has a 50-day moving average price of $30.01 and a 200-day moving average price of $29.51.

About ProShares Short 7-10 Treasury

(Free Report)

The ProShares Short 7-10 Year Treasury (TBX) is an exchange-traded fund that is based on the ICE BofA US Treasury (7-10 Y) index. The fund provides inverse exposure to an index that tracks the daily performance of US Treasury bonds with remaining maturities between 7 and 10 years. TBX was launched on Apr 4, 2011 and is managed by ProShares.

Further Reading

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Institutional Ownership by Quarter for ProShares Short 7-10 Treasury (NYSEARCA:TBX)

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