Creative Planning Acquires Shares of 2,623 ProShares Ultra Financials (NYSEARCA:UYG)

Creative Planning acquired a new position in shares of ProShares Ultra Financials (NYSEARCA:UYG) in the third quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 2,623 shares of the company’s stock, valued at approximately $200,000.

Other hedge funds have also recently made changes to their positions in the company. Parisi Gray Wealth Management purchased a new position in shares of ProShares Ultra Financials during the 3rd quarter worth approximately $207,000. Lazari Capital Management Inc. purchased a new position in ProShares Ultra Financials in the 1st quarter valued at approximately $240,000. Citizens Financial Group Inc. RI purchased a new position in ProShares Ultra Financials in the 1st quarter valued at approximately $247,000. Arkadios Wealth Advisors purchased a new position in ProShares Ultra Financials in the 2nd quarter valued at approximately $346,000. Finally, Hamilton Wealth LLC acquired a new stake in shares of ProShares Ultra Financials in the 1st quarter valued at $1,712,000.

ProShares Ultra Financials Stock Performance

Shares of UYG opened at $91.54 on Tuesday. ProShares Ultra Financials has a twelve month low of $44.45 and a twelve month high of $92.50. The firm’s fifty day simple moving average is $78.75 and its 200-day simple moving average is $71.14.

ProShares Ultra Financials 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.