DRW Securities LLC Purchases New Stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

DRW Securities LLC acquired a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 6,122 shares of the company’s stock, valued at approximately $528,000.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. IMC Chicago LLC bought a new position in ProShares UltraPro S&P 500 during the 3rd quarter worth $83,436,000. Tidal Investments LLC acquired a new stake in ProShares UltraPro S&P 500 in the 1st quarter worth about $8,197,000. Sollinda Capital Management LLC acquired a new stake in ProShares UltraPro S&P 500 in the 2nd quarter worth about $5,403,000. Axxcess Wealth Management LLC boosted its holdings in ProShares UltraPro S&P 500 by 603.2% in the 2nd quarter. Axxcess Wealth Management LLC now owns 57,540 shares of the company’s stock valued at $4,421,000 after purchasing an additional 49,357 shares during the period. Finally, Renaissance Technologies LLC bought a new position in shares of ProShares UltraPro S&P 500 during the second quarter worth approximately $2,082,000.

ProShares UltraPro S&P 500 Price Performance

Shares of NYSEARCA:UPRO opened at $96.38 on Wednesday. The business’s 50 day simple moving average is $88.15 and its 200 day simple moving average is $80.25. ProShares UltraPro S&P 500 has a 1 year low of $47.61 and a 1 year high of $96.67.

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.