Surience Private Wealth LLC Buys New Holdings in ProShares UltraPro S&P 500 $UPRO

Surience Private Wealth LLC acquired a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 6,131 shares of the company’s stock, valued at approximately $901,000. ProShares UltraPro S&P 500 makes up about 0.9% of Surience Private Wealth LLC’s portfolio, making the stock its 28th biggest holding.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Legacy Wealth Managment LLC ID purchased a new stake in ProShares UltraPro S&P 500 in the second quarter valued at approximately $232,000. Avidian Wealth Enterprises LLC acquired a new stake in ProShares UltraPro S&P 500 during the 3rd quarter worth $328,000. Financial Insights Inc. purchased a new position in ProShares UltraPro S&P 500 during the 2nd quarter worth $319,000. Nicholas Hoffman & Company LLC. increased its stake in 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 purchasing an additional 733 shares during the period. Finally, Bay Colony Advisory Group Inc d b a Bay Colony Advisors acquired a new position in ProShares UltraPro S&P 500 in the second quarter valued at $619,000.

ProShares UltraPro S&P 500 Price Performance

Shares of NYSEARCA:UPRO traded down $5.09 on Friday, reaching $146.43. The company’s stock had a trading volume of 2,592,139 shares, compared to its average volume of 3,158,815. ProShares UltraPro S&P 500 has a 52-week low of $88.14 and a 52-week high of $158.63. The stock has a market capitalization of $5.37 billion, a P/E ratio of 28.62 and a beta of 3.03. The stock’s 50-day moving average is $150.84 and its two-hundred day moving average is $140.25.

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.