Independent Financial Group LLC purchased a new stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 20,229 shares of the company’s stock, valued at approximately $1,962,000. Independent Financial Group LLC owned about 0.06% of ProShares UltraPro S&P 500 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also modified their holdings of the stock. O Shaughnessy Asset Management LLC bought a new position in ProShares UltraPro S&P 500 in the 4th quarter worth approximately $28,000. Kestra Advisory Services LLC bought a new position in ProShares UltraPro S&P 500 in the 4th quarter valued at $28,000. Federation des caisses Desjardins du Quebec increased its stake in shares of ProShares UltraPro S&P 500 by 465.7% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 396 shares of the company’s stock valued at $46,000 after buying an additional 326 shares during the period. Bank of America Corp DE acquired a new stake in shares of ProShares UltraPro S&P 500 in the 2nd quarter valued at $90,000. Finally, EFG International AG bought a new stake in shares of ProShares UltraPro S&P 500 during the fourth quarter worth $110,000.
ProShares UltraPro S&P 500 Price Performance
UPRO stock opened at $139.05 on Monday. ProShares UltraPro S&P 500 has a twelve month low of $88.14 and a twelve month high of $151.41. The company has a market cap of $5.20 billion, a P/E ratio of 28.62 and a beta of 3.02. The business has a fifty day moving average of $141.79 and a 200-day moving average of $124.42.
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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