ProShares UltraPro Dow30 $UDOW Shares Sold by IMC Chicago LLC

IMC Chicago LLC reduced its holdings in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 18.0% in the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 51,052 shares of the company’s stock after selling 11,197 shares during the quarter. IMC Chicago LLC owned 0.39% of ProShares UltraPro Dow30 worth $2,562,000 at the end of the most recent quarter.

Several other large investors also recently made changes to their positions in UDOW. Fifth Third Bancorp acquired a new position in shares of ProShares UltraPro Dow30 during the 1st quarter valued at $100,000. Spectrum Financial Alliance Ltd LLC increased its holdings in ProShares UltraPro Dow30 by 150.5% in the 1st quarter. Spectrum Financial Alliance Ltd LLC now owns 88,732 shares of the company’s stock valued at $4,453,000 after purchasing an additional 53,304 shares in the last quarter. Ascentis Independent Advisors raised its position in ProShares UltraPro Dow30 by 95.8% in the first quarter. Ascentis Independent Advisors now owns 36,183 shares of the company’s stock valued at $1,816,000 after purchasing an additional 17,707 shares during the period. Koshinski Asset Management Inc. raised its position in ProShares UltraPro Dow30 by 206.1% in the first quarter. Koshinski Asset Management Inc. now owns 12,609 shares of the company’s stock valued at $633,000 after purchasing an additional 8,490 shares during the period. Finally, World Investment Advisors raised its position in ProShares UltraPro Dow30 by 2.4% in the first quarter. World Investment Advisors now owns 13,885 shares of the company’s stock valued at $697,000 after purchasing an additional 329 shares during the period.

ProShares UltraPro Dow30 Price Performance

Shares of UDOW opened at $71.27 on Thursday. ProShares UltraPro Dow30 has a 12 month low of $44.37 and a 12 month high of $74.21. The stock’s 50-day moving average is $66.41 and its two-hundred day moving average is $61.12. The stock has a market cap of $862.37 million, a PE ratio of 20.47 and a beta of 2.60.

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. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. The Fund invests in common stock issued by public companies.