Nkcfo LLC Acquires 20,350 Shares of ProShares UltraShort Yen (NYSEARCA:YCS)

Nkcfo LLC boosted its holdings in ProShares UltraShort Yen (NYSEARCA:YCS) by 168.5% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 32,425 shares of the company’s stock after purchasing an additional 20,350 shares during the quarter. ProShares UltraShort Yen accounts for about 1.2% of Nkcfo LLC’s portfolio, making the stock its 19th largest holding. Nkcfo LLC owned approximately 9.26% of ProShares UltraShort Yen worth $2,236,000 at the end of the most recent quarter.

ProShares UltraShort Yen Price Performance

Shares of ProShares UltraShort Yen stock traded down $0.34 during trading on Friday, reaching $84.31. 22,529 shares of the company’s stock were exchanged, compared to its average volume of 16,174. ProShares UltraShort Yen has a 1-year low of $57.19 and a 1-year high of $90.06. The firm’s 50-day moving average price is $82.60 and its 200 day moving average price is $77.78.

ProShares UltraShort Yen Company Profile

The ProShares UltraShort Yen (YCS) is an exchange-traded fund that is based on the Japanese Yen per U.S. Dollar index. The fund provides a 2x inverse multiple to the daily performance of the Japanese yen spot price against the US dollar as measured by Reuters. YCS was launched on Nov 25, 2008 and is managed by ProShares.