ProShares UltraPro S&P 500 $UPRO Shares Sold by Toth Financial Advisory Corp

Toth Financial Advisory Corp cut its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 41.0% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 16,091 shares of the company’s stock after selling 11,176 shares during the quarter. Toth Financial Advisory Corp’s holdings in ProShares UltraPro S&P 500 were worth $1,794,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Howard Capital Management Inc. purchased a new position in ProShares UltraPro S&P 500 during the 2nd quarter worth $109,093,000. Axxcess Wealth Management LLC boosted its holdings in shares of ProShares UltraPro S&P 500 by 2,778.3% in the second quarter. Axxcess Wealth Management LLC now owns 182,914 shares of the company’s stock valued at $16,726,000 after acquiring an additional 176,559 shares in the last quarter. Quadrature Capital Ltd acquired a new position in shares of ProShares UltraPro S&P 500 during the second quarter worth about $6,497,000. Spectrum Financial Alliance Ltd LLC increased its stake in shares of ProShares UltraPro S&P 500 by 185.4% during the second quarter. Spectrum Financial Alliance Ltd LLC now owns 83,958 shares of the company’s stock worth $8,234,000 after acquiring an additional 54,541 shares during the period. Finally, Flow Traders U.S. LLC purchased a new position in ProShares UltraPro S&P 500 during the first quarter worth about $3,714,000.

ProShares UltraPro S&P 500 Stock Up 2.6%

Shares of NYSEARCA:UPRO opened at $115.81 on Friday. ProShares UltraPro S&P 500 has a 52 week low of $45.88 and a 52 week high of $122.19. The company has a 50-day moving average price of $114.00 and a 200 day moving average price of $103.63. The company has a market cap of $4.96 billion, a P/E ratio of 28.62 and a beta of 3.03.

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.