Simplex Trading LLC acquired a new stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 61,882 shares of the company’s stock, valued at approximately $5,485,000.
Several other large investors have also recently added to or reduced their stakes in the stock. RPg Family Wealth Advisory LLC acquired a new position in ProShares UltraPro S&P 500 in the third quarter worth approximately $26,000. Farther Finance Advisors LLC grew its position in ProShares UltraPro S&P 500 by 28.6% in the fourth quarter. Farther Finance Advisors LLC now owns 900 shares of the company’s stock worth $80,000 after acquiring an additional 200 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of ProShares UltraPro S&P 500 during the 4th quarter worth $87,000. Mayflower Financial Advisors LLC bought a new position in shares of ProShares UltraPro S&P 500 during the 4th quarter valued at $230,000. Finally, Koshinski Asset Management Inc. lifted its stake in shares of ProShares UltraPro S&P 500 by 8.2% in the 4th quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock valued at $248,000 after purchasing an additional 212 shares during the last quarter.
ProShares UltraPro S&P 500 Price Performance
ProShares UltraPro S&P 500 stock opened at $81.00 on Wednesday. ProShares UltraPro S&P 500 has a one year low of $58.74 and a one year high of $100.06. The company’s fifty day moving average price is $88.96 and its two-hundred day moving average price is $89.41. The company has a market capitalization of $3.51 billion, a price-to-earnings ratio of 22.12 and a beta of 3.12.
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.
Featured Stories
- Five stocks we like better than ProShares UltraPro S&P 500
- Consumer Discretionary Stocks Explained
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- NVIDIA Insiders Sell: This Is What It Means for the Market
- How to Know Which Cryptocurrency to Buy: A Guide for Investors
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Want to see what other hedge funds are holding UPRO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report).
Receive News & Ratings for ProShares UltraPro S&P 500 Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares UltraPro S&P 500 and related companies with MarketBeat.com's FREE daily email newsletter.
