Simplex Trading LLC Increases Holdings in ProShares Ultra Gold (NYSEARCA:UGL)

Simplex Trading LLC grew its holdings in ProShares Ultra Gold (NYSEARCA:UGLGet Rating) by 127.8% during the 1st quarter, Holdings Channel.com reports. The fund owned 12,423 shares of the company’s stock after acquiring an additional 6,970 shares during the period. Simplex Trading LLC’s holdings in ProShares Ultra Gold were worth $821,000 at the end of the most recent reporting period.

Several other large investors have also made changes to their positions in the business. OLD Mission Capital LLC lifted its position in shares of ProShares Ultra Gold by 3.3% in the fourth quarter. OLD Mission Capital LLC now owns 9,266 shares of the company’s stock valued at $554,000 after acquiring an additional 300 shares in the last quarter. Retirement Planning Co of New England Inc. purchased a new position in shares of ProShares Ultra Gold in the fourth quarter valued at about $51,000. Innova Wealth Partners purchased a new position in shares of ProShares Ultra Gold in the first quarter valued at about $221,000. K.J. Harrison & Partners Inc purchased a new position in shares of ProShares Ultra Gold in the first quarter valued at about $394,000. Finally, BNP Paribas Arbitrage SA purchased a new position in shares of ProShares Ultra Gold in the fourth quarter valued at about $578,000.

ProShares Ultra Gold Stock Performance

Shares of ProShares Ultra Gold stock opened at $53.43 on Monday. ProShares Ultra Gold has a 52 week low of $49.43 and a 52 week high of $76.19. The stock’s 50-day simple moving average is $55.95 and its 200-day simple moving average is $60.76.

About ProShares Ultra Gold

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ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.

Further Reading

Want to see what other hedge funds are holding UGL? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Gold (NYSEARCA:UGLGet Rating).

Institutional Ownership by Quarter for ProShares Ultra Gold (NYSEARCA:UGL)

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