Koshinski Asset Management Inc. Sells 2,836 Shares of ProShares UltraPro Dow30 $UDOW

Koshinski Asset Management Inc. trimmed its holdings in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 18.7% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 12,291 shares of the company’s stock after selling 2,836 shares during the quarter. Koshinski Asset Management Inc. owned about 0.16% of ProShares UltraPro Dow30 worth $1,161,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. World Investment Advisors boosted its position in shares of ProShares UltraPro Dow30 by 46.2% during the 1st quarter. World Investment Advisors now owns 4,785 shares of the company’s stock valued at $421,000 after acquiring an additional 1,511 shares during the last quarter. Significant Wealth Partners LLC raised its stake in ProShares UltraPro Dow30 by 18.3% in the first quarter. Significant Wealth Partners LLC now owns 7,232 shares of the company’s stock valued at $635,000 after purchasing an additional 1,119 shares in the last quarter. SBI Securities Co. Ltd. raised its stake in ProShares UltraPro Dow30 by 15.4% in the first quarter. SBI Securities Co. Ltd. now owns 1,151 shares of the company’s stock valued at $101,000 after purchasing an additional 154 shares in the last quarter. Cassaday & Co Wealth Management LLC lifted its position in ProShares UltraPro Dow30 by 70.4% during the first quarter. Cassaday & Co Wealth Management LLC now owns 7,501 shares of the company’s stock valued at $659,000 after purchasing an additional 3,100 shares during the last quarter. Finally, XTX Topco Ltd purchased a new position in ProShares UltraPro Dow30 in the 1st quarter worth approximately $427,000.

ProShares UltraPro Dow30 Stock Performance

ProShares UltraPro Dow30 stock opened at $104.95 on Friday. The firm’s fifty day moving average price is $103.37 and its 200-day moving average price is $91.29. The stock has a market cap of $703.17 million, a P/E ratio of 20.47 and a beta of 2.91. ProShares UltraPro Dow30 has a fifty-two week low of $56.90 and a fifty-two week high of $113.78.

ProShares UltraPro Dow30 Profile

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.