Koshinski Asset Management Inc. Raises Stock Position in ProShares UltraPro Dow30 $UDOW

Koshinski Asset Management Inc. increased its holdings in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 206.1% in the 1st quarter, HoldingsChannel.com reports. The firm owned 12,609 shares of the company’s stock after acquiring an additional 8,490 shares during the period. Koshinski Asset Management Inc.’s holdings in ProShares UltraPro Dow30 were worth $633,000 at the end of the most recent reporting period.

A number of other large investors also recently added to or reduced their stakes in the business. NewEdge Advisors LLC lifted its holdings in shares of ProShares UltraPro Dow30 by 100.0% in the fourth quarter. NewEdge Advisors LLC now owns 470 shares of the company’s stock worth $27,000 after buying an additional 235 shares in the last quarter. Larson Financial Group LLC boosted its holdings in shares of ProShares UltraPro Dow30 by 100.8% during the 4th quarter. Larson Financial Group LLC now owns 749 shares of the company’s stock valued at $43,000 after purchasing an additional 376 shares during the last quarter. Federation des caisses Desjardins du Quebec grew its holdings in ProShares UltraPro Dow30 by 107.7% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 858 shares of the company’s stock valued at $50,000 after buying an additional 445 shares in the last quarter. O Shaughnessy Asset Management LLC increased its position in ProShares UltraPro Dow30 by 100.0% in the fourth quarter. O Shaughnessy Asset Management LLC now owns 1,150 shares of the company’s stock worth $67,000 after purchasing an additional 575 shares during the last quarter. Finally, EverSource Wealth Advisors LLC increased its position in ProShares UltraPro Dow30 by 100.0% in the fourth quarter. EverSource Wealth Advisors LLC now owns 1,276 shares of the company’s stock worth $74,000 after purchasing an additional 638 shares during the last quarter.

ProShares UltraPro Dow30 Stock Down 0.7%

ProShares UltraPro Dow30 stock traded down $0.50 during mid-day trading on Tuesday, reaching $72.67. 886,378 shares of the company’s stock traded hands, compared to its average volume of 3,812,260. ProShares UltraPro Dow30 has a 12-month low of $44.37 and a 12-month high of $74.21. The stock has a 50 day moving average of $64.85 and a two-hundred day moving average of $60.53. The company has a market cap of $897.47 million, a price-to-earnings ratio of 20.47 and a beta of 2.60.

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. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. The Fund invests in common stock issued by public companies.