Great Valley Advisor Group Inc. Makes New $212,000 Investment in ProShares Ultra Financials (NYSEARCA:UYG)

Great Valley Advisor Group Inc. acquired a new stake in ProShares Ultra Financials (NYSEARCA:UYG) in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm acquired 2,776 shares of the company’s stock, valued at approximately $212,000.

Several other institutional investors also recently modified their holdings of the company. Creative Planning acquired a new stake in ProShares Ultra Financials during the 3rd quarter valued at $200,000. Private Advisor Group LLC bought a new stake in shares of ProShares Ultra Financials during the 3rd quarter worth about $229,000. Arkadios Wealth Advisors acquired a new position in ProShares Ultra Financials in the 2nd quarter valued at about $346,000. Hamilton Wealth LLC bought a new position in ProShares Ultra Financials in the 1st quarter valued at about $1,712,000. Finally, Citizens Financial Group Inc. RI acquired a new stake in ProShares Ultra Financials during the first quarter worth approximately $247,000.

ProShares Ultra Financials Stock Up 0.6 %

ProShares Ultra Financials stock opened at $96.48 on Friday. ProShares Ultra Financials has a 12 month low of $48.31 and a 12 month high of $97.69. The stock’s 50 day moving average is $83.68 and its 200-day moving average is $73.85.

ProShares Ultra Financials Company Profile

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.