ProShares Ultra Financials (NYSEARCA:UYG) Shares Acquired by Cwm LLC

Cwm LLC boosted its position in shares of ProShares Ultra Financials (NYSEARCA:UYG) by 2,903.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 931 shares of the company’s stock after purchasing an additional 900 shares during the period. Cwm LLC’s holdings in ProShares Ultra Financials were worth $51,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in UYG. Bryn Mawr Capital Management LLC acquired a new position in shares of ProShares Ultra Financials in the 3rd quarter valued at approximately $257,000. Dimension Capital Management LLC bought a new stake in shares of ProShares Ultra Financials in the third quarter worth $222,000. Kennedy Investment Group acquired a new stake in ProShares Ultra Financials in the fourth quarter valued at $226,000. HighTower Advisors LLC boosted its stake in ProShares Ultra Financials by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 47,524 shares of the company’s stock valued at $2,071,000 after acquiring an additional 2,426 shares during the last quarter. Finally, Toth Financial Advisory Corp boosted its stake in ProShares Ultra Financials by 1.7% during the 4th quarter. Toth Financial Advisory Corp now owns 91,353 shares of the company’s stock valued at $5,043,000 after acquiring an additional 1,519 shares during the last quarter.

ProShares Ultra Financials Price Performance

UYG opened at $66.10 on Friday. The company has a 50-day moving average of $64.30 and a 200-day moving average of $56.83. ProShares Ultra Financials has a 1-year low of $38.63 and a 1-year high of $68.50.

ProShares Ultra Financials Company Profile

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.