Axxcess Wealth Management LLC Sells 51,212 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Axxcess Wealth Management LLC lessened its stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 89.0% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 6,328 shares of the company’s stock after selling 51,212 shares during the period. Axxcess Wealth Management LLC’s holdings in ProShares UltraPro S&P 500 were worth $545,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. ORG Wealth Partners LLC purchased a new stake in shares of ProShares UltraPro S&P 500 in the third quarter worth approximately $54,000. Farther Finance Advisors LLC purchased a new stake in shares of ProShares UltraPro S&P 500 during the 3rd quarter worth approximately $60,000. ORG Partners LLC purchased a new position in shares of ProShares UltraPro S&P 500 during the 2nd quarter valued at $84,000. Hantz Financial Services Inc. purchased a new position in shares of ProShares UltraPro S&P 500 in the second quarter worth about $93,000. Finally, Strategic Blueprint LLC bought a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at $202,000.

ProShares UltraPro S&P 500 Stock Up 0.1 %

Shares of NYSEARCA:UPRO opened at $95.17 on Thursday. ProShares UltraPro S&P 500 has a 12 month low of $45.68 and a 12 month high of $96.66. The company has a 50 day moving average of $85.72 and a 200 day moving average of $78.59.

About ProShares UltraPro S&P 500

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.