19,193 Shares of ProShares Ultra Dow30 $DDM Acquired by Genesee Capital Advisors LLC

Genesee Capital Advisors LLC acquired a new position in shares of ProShares Ultra Dow30 (NYSEARCA:DDM) during the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 19,193 shares of the company’s stock, valued at approximately $1,175,000. Genesee Capital Advisors LLC owned about 0.24% of ProShares Ultra Dow30 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Koshinski Asset Management Inc. increased its stake in shares of ProShares Ultra Dow30 by 3.2% in the first quarter. Koshinski Asset Management Inc. now owns 27,599 shares of the company’s stock worth $1,437,000 after buying an additional 856 shares during the last quarter. Schwallier Wealth Management LLC acquired a new position in ProShares Ultra Dow30 in the first quarter worth $407,000. Independent Financial Group LLC bought a new stake in shares of ProShares Ultra Dow30 during the 1st quarter valued at about $297,000. IMC Chicago LLC bought a new position in shares of ProShares Ultra Dow30 during the first quarter valued at approximately $243,000. Finally, Farther Finance Advisors LLC acquired a new stake in ProShares Ultra Dow30 in the third quarter worth $86,000.

ProShares Ultra Dow30 Trading Up 1.8%

ProShares Ultra Dow30 stock traded up $1.17 during midday trading on Tuesday, reaching $64.76. 101,582 shares of the stock traded hands, compared to its average volume of 265,221. The firm has a fifty day moving average price of $65.11 and a two-hundred day moving average price of $63.14. The firm has a market cap of $527.79 million, a price-to-earnings ratio of 20.98 and a beta of 1.74. ProShares Ultra Dow30 has a fifty-two week low of $49.26 and a fifty-two week high of $71.25.

About ProShares Ultra Dow30

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.