Ashton Thomas Private Wealth LLC Has $551,000 Stock Holdings in ProShares UltraPro S&P 500 $UPRO

Ashton Thomas Private Wealth LLC reduced its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 81.1% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 4,946 shares of the company’s stock after selling 21,238 shares during the period. Ashton Thomas Private Wealth LLC’s holdings in ProShares UltraPro S&P 500 were worth $551,000 as of its most recent SEC filing.

Other hedge funds have also modified their holdings of the company. Howard Capital Management Inc. acquired a new position in ProShares UltraPro S&P 500 in the 2nd quarter worth about $109,093,000. Axxcess Wealth Management LLC increased its holdings in 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 worth $16,726,000 after buying an additional 176,559 shares during the last quarter. Quadrature Capital Ltd bought a new position in ProShares UltraPro S&P 500 during the second quarter valued at approximately $6,497,000. Spectrum Financial Alliance Ltd LLC lifted its stake in ProShares UltraPro S&P 500 by 185.4% in the second quarter. Spectrum Financial Alliance Ltd LLC now owns 83,958 shares of the company’s stock valued at $8,234,000 after acquiring an additional 54,541 shares during the last quarter. Finally, Diversified Trust Co bought a new stake in ProShares UltraPro S&P 500 in the third quarter worth approximately $5,574,000.

ProShares UltraPro S&P 500 Stock Up 5.8%

Shares of UPRO opened at $118.48 on Monday. The firm has a market cap of $4.67 billion, a price-to-earnings ratio of 28.62 and a beta of 3.03. The company’s fifty day moving average is $118.09 and its 200-day moving average is $111.21. ProShares UltraPro S&P 500 has a 12 month low of $45.88 and a 12 month high of $122.85.

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.