Millington Financial Advisors LLC lifted its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) by 1.1% in the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 32,149 shares of the company’s stock after buying an additional 338 shares during the quarter. ProShares UltraPro S&P 500 comprises about 1.7% of Millington Financial Advisors LLC’s investment portfolio, making the stock its 16th biggest position. Millington Financial Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $2,977,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also modified their holdings of UPRO. RPg Family Wealth Advisory LLC bought a new stake in ProShares UltraPro S&P 500 in the 3rd quarter valued at $26,000. Farther Finance Advisors LLC acquired a new stake in shares of ProShares UltraPro S&P 500 during the third quarter worth $60,000. Strategic Blueprint LLC acquired a new stake in shares of ProShares UltraPro S&P 500 during the third quarter worth $202,000. Mayflower Financial Advisors LLC bought a new stake in shares of ProShares UltraPro S&P 500 in the fourth quarter valued at about $230,000. Finally, Koshinski Asset Management Inc. grew its stake in shares of ProShares UltraPro S&P 500 by 8.2% in the fourth quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock valued at $248,000 after acquiring an additional 212 shares in the last quarter.
ProShares UltraPro S&P 500 Stock Down 1.4 %
NYSEARCA:UPRO opened at $91.61 on Tuesday. ProShares UltraPro S&P 500 has a 52 week low of $58.74 and a 52 week high of $100.06. The firm’s 50-day simple moving average is $93.44 and its 200 day simple moving average is $89.10.
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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