Simplex Trading LLC purchased a new position in ProShares Ultra Gold (NYSEARCA:UGL – Free Report) during the 4th quarter, Holdings Channel.com reports. The firm purchased 4,277 shares of the company’s stock, valued at approximately $273,000.
Separately, China Universal Asset Management Co. Ltd. bought a new stake in shares of ProShares Ultra Gold in the 4th quarter worth about $511,000.
ProShares Ultra Gold Trading Down 0.9 %
UGL opened at $77.61 on Wednesday. ProShares Ultra Gold has a 12 month low of $50.62 and a 12 month high of $86.02. The stock has a 50-day moving average of $74.08 and a 200 day moving average of $65.68.
ProShares Ultra Gold Company Profile
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.
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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:UGL – Free Report).
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