ProShares UltraPro S&P 500 $UPRO Shares Bought by Koshinski Asset Management Inc.

Koshinski Asset Management Inc. lifted its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 99.8% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 5,525 shares of the company’s stock after buying an additional 2,760 shares during the period. Koshinski Asset Management Inc.’s holdings in ProShares UltraPro S&P 500 were worth $505,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of UPRO. Axxcess Wealth Management LLC raised its stake in shares of ProShares UltraPro S&P 500 by 2,778.3% during the 2nd quarter. Axxcess Wealth Management LLC now owns 182,914 shares of the company’s stock worth $16,726,000 after buying an additional 176,559 shares in the last quarter. Flow Traders U.S. LLC purchased a new position in shares of ProShares UltraPro S&P 500 during the 1st quarter worth approximately $3,714,000. Spectrum Financial Alliance Ltd LLC purchased a new position in shares of ProShares UltraPro S&P 500 during the 1st quarter worth approximately $2,174,000. EverSource Wealth Advisors LLC raised its stake in shares of ProShares UltraPro S&P 500 by 128.8% during the 1st quarter. EverSource Wealth Advisors LLC now owns 23,804 shares of the company’s stock worth $1,759,000 after buying an additional 13,400 shares in the last quarter. Finally, Marshall Financial Group LLC purchased a new position in shares of ProShares UltraPro S&P 500 during the 2nd quarter worth approximately $1,084,000.

ProShares UltraPro S&P 500 Trading Up 3.1%

Shares of UPRO stock opened at $113.05 on Tuesday. The company has a market cap of $4.58 billion, a price-to-earnings ratio of 28.62 and a beta of 3.08. The stock has a 50 day simple moving average of $106.48 and a 200-day simple moving average of $89.88. ProShares UltraPro S&P 500 has a 12-month low of $45.88 and a 12-month high of $115.19.

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.