IMC Chicago LLC Boosts Holdings in ProShares Ultra Gold $UGL

IMC Chicago LLC lifted its holdings in ProShares Ultra Gold (NYSEARCA:UGL) by 370.5% in the second quarter, HoldingsChannel reports. The fund owned 286,631 shares of the company’s stock after buying an additional 225,712 shares during the period. IMC Chicago LLC’s holdings in ProShares Ultra Gold were worth $9,935,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently made changes to their positions in the business. PMV Capital Advisers LLC raised its position in ProShares Ultra Gold by 252.4% in the 2nd quarter. PMV Capital Advisers LLC now owns 62,456 shares of the company’s stock worth $2,165,000 after purchasing an additional 44,732 shares during the period. IAM Advisory LLC grew its stake in shares of ProShares Ultra Gold by 300.0% during the second quarter. IAM Advisory LLC now owns 7,988 shares of the company’s stock valued at $277,000 after buying an additional 5,991 shares during the last quarter. Thurston Springer Miller Herd & Titak Inc. increased its holdings in shares of ProShares Ultra Gold by 300.0% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 4,080 shares of the company’s stock worth $141,000 after buying an additional 3,060 shares during the period. Everstar Asset Management LLC bought a new stake in shares of ProShares Ultra Gold in the 1st quarter valued at about $7,851,000. Finally, Jones Financial Companies Lllp lifted its stake 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 acquiring an additional 2,498 shares during the last quarter.

ProShares Ultra Gold Stock Performance

UGL opened at $46.64 on Monday. The stock’s 50 day simple moving average is $38.92 and its 200 day simple moving average is $36.05. ProShares Ultra Gold has a 1 year low of $22.39 and a 1 year high of $46.91.

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.