Group One Trading LLC lifted its position in ProShares Ultra Gold (NYSEARCA:UGL – Free Report) by 650.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 19,298 shares of the company’s stock after buying an additional 16,725 shares during the quarter. Group One Trading LLC owned approximately 0.11% of ProShares Ultra Gold worth $889,000 at the end of the most recent quarter.
A number of other large investors also recently modified their holdings of UGL. Country Trust Bank purchased a new position in ProShares Ultra Gold during the second quarter valued at approximately $31,000. Jones Financial Companies Lllp lifted its stake in ProShares Ultra Gold by 1,665.3% in the 1st quarter. Jones Financial Companies Lllp now owns 2,648 shares of the company’s stock worth $341,000 after purchasing an additional 2,498 shares in the last quarter. Rothschild Investment LLC boosted its holdings in ProShares Ultra Gold by 300.0% in the 2nd quarter. Rothschild Investment LLC now owns 3,000 shares of the company’s stock valued at $104,000 after purchasing an additional 2,250 shares during the period. Hutchens & Kramer Investment Management Group LLC bought a new position in ProShares Ultra Gold in the 3rd quarter valued at $243,000. Finally, Simplex Trading LLC grew its position in shares of ProShares Ultra Gold by 45.0% during the 2nd quarter. Simplex Trading LLC now owns 6,285 shares of the company’s stock valued at $217,000 after purchasing an additional 1,950 shares in the last quarter.
More ProShares Ultra Gold News
Here are the key news stories impacting ProShares Ultra Gold this week:
- Positive Sentiment: Middle East tensions continue to lift safe‑haven demand and pushed gold back above key levels, a tailwind for leveraged gold exposure such as UGL. Gold (XAUUSD) & Silver Price Forecast: Middle East Risk Lifts Metals—$5,330 Next?
- Positive Sentiment: Unicus Research warns private‑credit stress could trigger a prolonged downturn, an environment that typically supports higher gold prices and therefore benefits UGL. Private credit risks could trigger prolonged economic downturn, supports higher gold price – Unicus Research
- Positive Sentiment: Large profits and active flows into digital bullion (Tether Gold) signal strong investor demand for gold exposure, which can underpin prices and help leveraged products like UGL. Antalpha moves to take $100 million profit on massive Tether Gold bet as demand for digital bullion continues to rise
- Positive Sentiment: Long‑term bullish forecasts (including high-target commentary) keep a supportive narrative for gold investors positioning for multi‑year gains, which can sustain interest in UGL for leveraged exposure. No longer outrageous: Gold now has a path to $10,000 by 2029 – Capitalight’s Schieven
- Neutral Sentiment: Gold is consolidating above the $5,000 area ahead of US CPI releases and other macro data — a balanced setup that could break either way and increase short‑term volatility for UGL. Gold (XAUUSD) Consolidates Above $5,000 Ahead of CPI as Middle East Tensions Drive Market
- Neutral Sentiment: Intraday technical levels and market‑structure commentary point to defined entry/exit zones for active traders; useful for short‑term UGL trading but not a clear directional signal. Gold market analysis for March 11 – key intra-day price entry levels for active traders
- Negative Sentiment: Technical studies flagged a bearish flag pattern that could trigger a second leg lower in gold — a direct near‑term risk to UGL’s leveraged upside. Gold (XAU/USD) Price Forecast: Bearish Flag May Trigger Second Leg Down
- Negative Sentiment: Gold pulled back amid rising oil and profit‑taking, and firmer USDX has weighed on metals — these forces pressured UGL intraday. Gold (XAUUSD), Silver, Platinum Forecasts – Gold Pulls Back As Oil Prices Rise
- Negative Sentiment: Recent reports note profit‑taking and a firmer U.S. dollar trimmed gold intraday, a straightforward near‑term headwind for UGL. Gold, silver down on profit taking, firmer USDX
- Negative Sentiment: U.S. CPI showed a small rise, prompting some selling pressure in gold as markets reassess Fed policy timing — a macro risk that can cap UGL gains short term. Gold prices see some selling pressure as US CPI rises 0.2% in February
ProShares Ultra Gold Stock Down 0.6%
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. The Funds may purchase United States Treasury Bills, agency securities, and other high-credit quality short-term fixed income or similar securities with original maturities of one year or less.
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