Smith Chas P & Associates PA Cpas bought a new position in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund bought 2,500 shares of the company’s stock, valued at approximately $240,000.
Other institutional investors and hedge funds also recently modified their holdings of the company. Squarepoint Ops LLC raised its position in ProShares UltraPro Dow30 by 132.4% during the second quarter. Squarepoint Ops LLC now owns 61,363 shares of the company’s stock valued at $4,823,000 after buying an additional 34,960 shares during the period. Flow Traders U.S. LLC raised its position in ProShares UltraPro Dow30 by 57.5% during the first quarter. Flow Traders U.S. LLC now owns 39,248 shares of the company’s stock valued at $3,343,000 after buying an additional 14,322 shares during the period. Ashton Thomas Private Wealth LLC raised its position in ProShares UltraPro Dow30 by 22.0% during the second quarter. Ashton Thomas Private Wealth LLC now owns 70,988 shares of the company’s stock valued at $5,580,000 after buying an additional 12,817 shares during the period. Koshinski Asset Management Inc. acquired a new position in ProShares UltraPro Dow30 during the third quarter valued at $1,043,000. Finally, XR Securities LLC acquired a new position in ProShares UltraPro Dow30 during the first quarter valued at $816,000.
ProShares UltraPro Dow30 Stock Up 2.7 %
Shares of UDOW stock opened at $99.34 on Monday. ProShares UltraPro Dow30 has a fifty-two week low of $47.72 and a fifty-two week high of $99.61. The stock’s 50-day moving average is $89.32 and its two-hundred day moving average is $83.08.
About ProShares UltraPro Dow30
ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.
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Want to see what other hedge funds are holding UDOW? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report).
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