Kwmg LLC boosted its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) by 7.6% during the first quarter, Holdings Channel reports. The firm owned 5,518 shares of the company’s stock after acquiring an additional 390 shares during the quarter. Kwmg LLC’s holdings in ProShares UltraPro S&P 500 were worth $408,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Farther Finance Advisors LLC lifted its position in shares of ProShares UltraPro S&P 500 by 28.6% in the 4th quarter. Farther Finance Advisors LLC now owns 900 shares of the company’s stock worth $80,000 after purchasing an additional 200 shares during the period. SBI Securities Co. Ltd. bought a new position in ProShares UltraPro S&P 500 in the fourth quarter worth about $87,000. Blair William & Co. IL bought a new position in ProShares UltraPro S&P 500 in the fourth quarter worth about $135,000. Choreo LLC lifted its holdings in ProShares UltraPro S&P 500 by 21.3% in the fourth quarter. Choreo LLC now owns 3,703 shares of the company’s stock worth $332,000 after buying an additional 651 shares during the period. Finally, Financial Life Planners purchased a new stake in ProShares UltraPro S&P 500 in the fourth quarter worth about $385,000.
ProShares UltraPro S&P 500 Stock Performance
UPRO stock opened at $81.04 on Tuesday. ProShares UltraPro S&P 500 has a fifty-two week low of $45.88 and a fifty-two week high of $100.06. The business’s 50 day moving average price is $69.30 and its two-hundred day moving average price is $83.34. The company has a market capitalization of $3.93 billion, a price-to-earnings ratio of 23.53 and a beta of 3.05.
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.
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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).
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