ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Hits New 1-Year High at $80.13

ProShares UltraPro S&P 500 (NYSEARCA:UPRO)’s share price hit a new 52-week high during trading on Friday . The stock traded as high as $80.13 and last traded at $79.94, with a volume of 493429 shares trading hands. The stock had previously closed at $79.78.

ProShares UltraPro S&P 500 Price Performance

The firm’s 50-day moving average price is $71.98 and its two-hundred day moving average price is $65.21.

Institutional Trading of ProShares UltraPro S&P 500

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Rise Advisors LLC boosted its stake in ProShares UltraPro S&P 500 by 39.4% in the 4th quarter. Rise Advisors LLC now owns 711 shares of the company’s stock worth $39,000 after purchasing an additional 201 shares in the last quarter. Mark Sheptoff Financial Planning LLC acquired a new stake in shares of ProShares UltraPro S&P 500 during the fourth quarter worth $25,000. Great Oak Capital Partners LLC grew its holdings in shares of ProShares UltraPro S&P 500 by 16.3% during the first quarter. Great Oak Capital Partners LLC now owns 4,536 shares of the company’s stock valued at $320,000 after buying an additional 635 shares during the last quarter. Millington Financial Advisors LLC increased its position in shares of ProShares UltraPro S&P 500 by 3.2% in the 4th quarter. Millington Financial Advisors LLC now owns 28,410 shares of the company’s stock valued at $1,555,000 after acquiring an additional 891 shares during the period. Finally, MPS Loria Financial Planners LLC raised its stake in ProShares UltraPro S&P 500 by 20.5% in the 4th quarter. MPS Loria Financial Planners LLC now owns 5,927 shares of the company’s stock worth $324,000 after acquiring an additional 1,009 shares during the last quarter.

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.