4,345 Shares in ProShares UltraPro S&P 500 $UPRO Acquired by Mittelman Wealth Management

Mittelman Wealth Management bought a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 4,345 shares of the company’s stock, valued at approximately $397,000.

Several other institutional investors and hedge funds also recently made changes to their positions in UPRO. Howard Capital Management Inc. bought a new stake in shares of ProShares UltraPro S&P 500 during the second quarter worth $109,093,000. Axxcess Wealth Management LLC lifted its position in ProShares UltraPro S&P 500 by 2,778.3% in the 2nd quarter. Axxcess Wealth Management LLC now owns 182,914 shares of the company’s stock valued at $16,726,000 after acquiring an additional 176,559 shares in the last quarter. Flow Traders U.S. LLC acquired a new position in ProShares UltraPro S&P 500 in the 1st quarter worth $3,714,000. Prosperity Wealth Management Inc. bought a new position in ProShares UltraPro S&P 500 during the 2nd quarter worth about $3,369,000. Finally, Spectrum Financial Alliance Ltd LLC bought a new position in ProShares UltraPro S&P 500 during the 1st quarter worth about $2,174,000.

ProShares UltraPro S&P 500 Price Performance

Shares of ProShares UltraPro S&P 500 stock opened at $112.25 on Friday. The firm has a market cap of $4.81 billion, a price-to-earnings ratio of 28.62 and a beta of 3.03. The stock’s 50-day moving average is $111.79 and its 200-day moving average is $96.76. ProShares UltraPro S&P 500 has a one year low of $45.88 and a one year high of $122.19.

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.