Koshinski Asset Management Inc. Grows Stock Holdings in ProShares UltraPro S&P 500 $UPRO

Koshinski Asset Management Inc. raised its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 138.4% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 10,292 shares of the company’s stock after acquiring an additional 5,975 shares during the quarter. Koshinski Asset Management Inc.’s holdings in ProShares UltraPro S&P 500 were worth $998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also recently made changes to their positions in the company. O Shaughnessy Asset Management LLC bought a new position in ProShares UltraPro S&P 500 in the 4th quarter worth about $28,000. Kestra Advisory Services LLC purchased a new position in ProShares UltraPro S&P 500 in the fourth quarter worth $28,000. Federation des caisses Desjardins du Quebec increased its position in shares of ProShares UltraPro S&P 500 by 465.7% during the 4th quarter. Federation des caisses Desjardins du Quebec now owns 396 shares of the company’s stock valued at $46,000 after purchasing an additional 326 shares during the last quarter. EFG International AG purchased a new position in shares of ProShares UltraPro S&P 500 during the fourth quarter worth approximately $110,000. Finally, Bank of America Corp DE bought a new stake in ProShares UltraPro S&P 500 in the second quarter worth $90,000.

ProShares UltraPro S&P 500 Stock Down 2.1%

Shares of ProShares UltraPro S&P 500 stock traded down $2.99 during trading on Tuesday, reaching $141.42. 888,476 shares of the stock were exchanged, compared to its average volume of 3,839,758. The stock’s fifty day moving average is $139.60 and its 200 day moving average is $122.78. The firm has a market cap of $5.40 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02. ProShares UltraPro S&P 500 has a 1 year low of $88.14 and a 1 year high of $151.41.

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.