Axxcess Wealth Management LLC lowered its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) by 92.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 8,183 shares of the company’s stock after selling 101,304 shares during the period. Axxcess Wealth Management LLC’s holdings in ProShares UltraPro S&P 500 were worth $577,000 at the end of the most recent reporting period.
Several other hedge funds have also bought and sold shares of the business. CENTRAL TRUST Co purchased a new position in ProShares UltraPro S&P 500 in the fourth quarter worth about $111,000. Triton Wealth Management PLLC purchased a new position in ProShares UltraPro S&P 500 in the fourth quarter worth about $247,000. Turtle Creek Wealth Advisors LLC purchased a new position in ProShares UltraPro S&P 500 in the fourth quarter worth about $111,000. Toth Financial Advisory Corp raised its holdings in ProShares UltraPro S&P 500 by 2.5% in the fourth quarter. Toth Financial Advisory Corp now owns 52,135 shares of the company’s stock worth $2,854,000 after buying an additional 1,260 shares during the last quarter. Finally, Bison Wealth LLC purchased a new position in ProShares UltraPro S&P 500 in the fourth quarter worth about $227,000.
ProShares UltraPro S&P 500 Stock Up 3.3 %
Shares of UPRO traded up $2.42 during mid-day trading on Friday, hitting $75.84. 5,798,001 shares of the company traded hands, compared to its average volume of 5,680,490. The stock has a 50-day moving average price of $76.39 and a two-hundred day moving average price of $68.14. ProShares UltraPro S&P 500 has a 1 year low of $35.57 and a 1 year high of $85.48.
ProShares UltraPro S&P 500 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.
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