Quadrature Capital Ltd acquired a new position in ProShares Ultra Gold (NYSEARCA:UGL – Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 356,000 shares of the company’s stock, valued at approximately $16,390,000.
A number of other hedge funds also recently bought and sold shares of UGL. Country Trust Bank purchased a new stake in shares of ProShares Ultra Gold during the 2nd quarter worth $31,000. Simplex Trading LLC raised its holdings in ProShares Ultra Gold by 45.0% in the second quarter. Simplex Trading LLC now owns 6,285 shares of the company’s stock worth $217,000 after purchasing an additional 1,950 shares in the last quarter. Rothschild Investment LLC lifted its position in shares of ProShares Ultra Gold by 300.0% during the second quarter. Rothschild Investment LLC now owns 3,000 shares of the company’s stock valued at $104,000 after buying an additional 2,250 shares during the last quarter. Group One Trading LLC lifted its position in shares of ProShares Ultra Gold by 711.7% during the second quarter. Group One Trading LLC now owns 2,573 shares of the company’s stock valued at $89,000 after buying an additional 2,256 shares during the last quarter. Finally, Jones Financial Companies Lllp boosted its holdings in shares of 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 valued at $341,000 after buying an additional 2,498 shares in the last quarter.
More ProShares Ultra Gold News
Here are the key news stories impacting ProShares Ultra Gold this week:
- Positive Sentiment: Geopolitical risk and safe‑haven demand continue to underpin periodic buying interest in gold — a tailwind for UGL. Article Title
- Positive Sentiment: Kitco and FXEmpire note buyers step in on dips during risk‑off episodes (war/uncertainty), which can produce short squeezes in leveraged long products like UGL. Article Title
- Positive Sentiment: Macro downside risks (private credit concerns) cited by research groups could support a higher long‑term gold baseline, favorable for UGL over a multi‑month horizon. Article Title
- Neutral Sentiment: Gold is consolidating ahead of key data (CPI, jobs) and sometimes pauses in consolidation; that produces muted volume and mixed signals for UGL intraday. Article Title
- Neutral Sentiment: Some market commentary notes high nominal gold prices are becoming the new baseline; that’s supportive long term but doesn’t prevent short‑term volatility for leveraged funds like UGL. Article Title
- Negative Sentiment: Technical setups (bear flags, rising‑wedge breakdowns) flagged by FXEmpire point to further downside pressure for spot gold — directly bearish for UGL’s short‑term performance. Article Title
- Negative Sentiment: Stronger US dollar and rising Treasury yields are cited across reports as the principal forces weighing on gold; a firmer USD/reflation fears reduce UGL’s upside. Article Title
- Negative Sentiment: Rising oil-driven inflation expectations have pushed yields higher and pressured gold in recent sessions — another short‑term headwind for UGL. Article Title
- Negative Sentiment: Repeated technical warnings (bearish flag and wedge patterns across FXEmpire pieces) increase probability of a second leg down for spot gold, which would amplify losses in leveraged funds like UGL. Article Title
ProShares Ultra Gold Stock Down 3.8%
ProShares Ultra Gold Company Profile
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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