Simplex Trading LLC acquired a new position in shares of ProShares Ultra Gold (NYSEARCA:UGL – Free Report) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 4,277 shares of the company’s stock, valued at approximately $273,000. Simplex Trading LLC owned approximately 0.14% of ProShares Ultra Gold at the end of the most recent quarter.
Separately, China Universal Asset Management Co. Ltd. bought a new stake in ProShares Ultra Gold during the fourth quarter worth about $511,000.
ProShares Ultra Gold Trading Down 0.9 %
UGL opened at $77.61 on Wednesday. ProShares Ultra Gold has a 12-month low of $50.62 and a 12-month high of $86.02. The stock has a 50-day moving average price of $74.08 and a 200-day moving average price of $65.68.
About ProShares Ultra Gold
ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.
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