Simplex Trading LLC Acquires 19,159 Shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW)

Simplex Trading LLC boosted its holdings in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 343.8% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 24,732 shares of the company’s stock after acquiring an additional 19,159 shares during the quarter. Simplex Trading LLC’s holdings in ProShares UltraPro Dow30 were worth $2,338,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Flow Traders U.S. LLC grew 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 valued at $639,000 after buying an additional 2,600 shares during the last quarter. Quadrature Capital Ltd acquired a new position in shares of ProShares UltraPro Dow30 in the third quarter worth approximately $4,561,000. Discipline Wealth Solutions LLC bought a new stake in ProShares UltraPro Dow30 in the third quarter valued at approximately $431,000. JPMorgan Chase & Co. bought a new stake in ProShares UltraPro Dow30 in the third quarter valued at approximately $179,000. Finally, Innova Wealth Partners acquired a new stake in ProShares UltraPro Dow30 during the 4th quarter valued at approximately $534,000.

ProShares UltraPro Dow30 Stock Performance

Shares of NYSEARCA UDOW opened at $89.96 on Friday. The company’s 50 day moving average price is $99.19 and its 200-day moving average price is $99.01. ProShares UltraPro Dow30 has a 52-week low of $71.43 and a 52-week high of $113.78. The company has a market capitalization of $647.71 million, a P/E ratio of 20.21 and a beta of 2.93.

ProShares UltraPro Dow30 Increases Dividend

The company also recently announced a dividend, which will be paid on Tuesday, April 1st. Investors of record on Wednesday, March 26th will be paid a dividend of $0.3172 per share. The ex-dividend date of this dividend is Wednesday, March 26th. This is an increase from ProShares UltraPro Dow30’s previous dividend of $0.31.

ProShares UltraPro Dow30 Company 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.