Encompass More Asset Management cut its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) by 46.8% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 7,060 shares of the company’s stock after selling 6,218 shares during the quarter. Encompass More Asset Management’s holdings in ProShares UltraPro S&P 500 were worth $609,000 as of its most recent SEC filing.
Several other institutional investors have also recently added to or reduced their stakes in the business. IMC Chicago LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the 3rd quarter valued at $83,436,000. Flow Traders U.S. LLC increased its stake in ProShares UltraPro S&P 500 by 320.6% in the third quarter. Flow Traders U.S. LLC now owns 83,915 shares of the company’s stock valued at $7,233,000 after purchasing an additional 63,966 shares in the last quarter. Sollinda Capital Management LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the second quarter valued at about $5,403,000. Axxcess Wealth Management LLC boosted its position in shares of ProShares UltraPro S&P 500 by 603.2% during the 2nd quarter. Axxcess Wealth Management LLC now owns 57,540 shares of the company’s stock worth $4,421,000 after purchasing an additional 49,357 shares in the last quarter. Finally, CPR Investments Inc. grew its stake in shares of ProShares UltraPro S&P 500 by 16.6% in the 2nd quarter. CPR Investments Inc. now owns 39,805 shares of the company’s stock valued at $3,059,000 after buying an additional 5,657 shares during the period.
ProShares UltraPro S&P 500 Stock Up 1.7 %
UPRO stock opened at $97.05 on Friday. The stock’s 50 day simple moving average is $88.97 and its 200 day simple moving average is $80.65. ProShares UltraPro S&P 500 has a fifty-two week low of $47.61 and a fifty-two week high of $97.47.
ProShares UltraPro S&P 500 Company Profile
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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