ProShares UltraPro S&P 500 $UPRO Shares Newly Acquired by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC purchased a new stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the 3rd quarter, HoldingsChannel reports. The firm purchased 8,750 shares of the company’s stock, valued at approximately $1,286,000.

A number of other hedge funds have also modified their holdings of the company. World Investment Advisors raised its position in ProShares UltraPro S&P 500 by 3.1% during the 4th quarter. World Investment Advisors now owns 9,179 shares of the company’s stock worth $1,063,000 after buying an additional 274 shares during the last quarter. Hickory Point Bank & Trust grew its position in shares of ProShares UltraPro S&P 500 by 6.4% during the 3rd quarter. Hickory Point Bank & Trust now owns 5,222 shares of the company’s stock valued at $767,000 after acquiring an additional 314 shares during the period. Nicholas Hoffman & Company LLC. increased its position in shares of ProShares UltraPro S&P 500 by 25.5% in the first quarter. Nicholas Hoffman & Company LLC. now owns 3,610 shares of the company’s stock valued at $350,000 after buying an additional 733 shares in the last quarter. Westmount Partners LLC increased its holdings in ProShares UltraPro S&P 500 by 10.4% in the 2nd quarter. Westmount Partners LLC now owns 9,370 shares of the company’s stock worth $1,329,000 after acquiring an additional 884 shares in the last quarter. Finally, Corient Private Wealth LLC raised its position in shares of ProShares UltraPro S&P 500 by 7.1% during the 4th quarter. Corient Private Wealth LLC now owns 20,140 shares of the company’s stock worth $2,331,000 after purchasing an additional 1,330 shares during the last quarter.

ProShares UltraPro S&P 500 Stock Up 0.8%

Shares of ProShares UltraPro S&P 500 stock traded up $1.20 during mid-day trading on Tuesday, reaching $149.47. 1,294,871 shares of the stock traded hands, compared to its average volume of 3,140,942. The business has a 50-day moving average of $150.70 and a 200 day moving average of $140.97. ProShares UltraPro S&P 500 has a fifty-two week low of $88.14 and a fifty-two week high of $158.63. The stock has a market capitalization of $5.51 billion, a PE ratio of 28.62 and a beta of 3.03.

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.