Innova Wealth Partners Buys Shares of 5,650 ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Innova Wealth Partners purchased a new stake in ProShares UltraPro Dow30 (NYSEARCA:UDOW) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund purchased 5,650 shares of the company’s stock, valued at approximately $534,000.

Other hedge funds have also recently modified their holdings of the company. JPMorgan Chase & Co. purchased a new position in ProShares UltraPro Dow30 during the third quarter valued at approximately $179,000. Discipline Wealth Solutions LLC bought a new stake in ProShares UltraPro Dow30 during the 3rd quarter valued at $431,000. Quadrature Capital Ltd purchased a new position in shares of ProShares UltraPro Dow30 in the 3rd quarter valued at $4,561,000. Flow Traders U.S. LLC raised its position in shares of ProShares UltraPro Dow30 by 64.2% in the 3rd quarter. Flow Traders U.S. LLC now owns 6,648 shares of the company’s stock worth $639,000 after acquiring an additional 2,600 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of ProShares UltraPro Dow30 by 1,096.4% during the 3rd quarter. Larson Financial Group LLC now owns 4,367 shares of the company’s stock worth $420,000 after purchasing an additional 4,002 shares during the last quarter.

ProShares UltraPro Dow30 Stock Down 1.3 %

Shares of UDOW stock opened at $94.31 on Wednesday. The stock’s 50-day moving average is $102.35 and its 200 day moving average is $93.34. ProShares UltraPro Dow30 has a 1-year low of $70.59 and a 1-year high of $113.78.

ProShares UltraPro Dow30 Profile

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.