3,033 Shares in ProShares Ultra Financials (NYSEARCA:UYG) Purchased by Sanctuary Advisors LLC

Sanctuary Advisors LLC purchased a new position in shares of ProShares Ultra Financials (NYSEARCA:UYG) during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 3,033 shares of the company’s stock, valued at approximately $232,000.

A number of other hedge funds have also recently added to or reduced their stakes in UYG. Plotkin Financial Advisors LLC purchased a new position in shares of ProShares Ultra Financials in the third quarter valued at $219,000. Great Valley Advisor Group Inc. bought a new position in ProShares Ultra Financials during the 3rd quarter worth approximately $212,000. James J. Burns & Company LLC acquired a new stake in shares of ProShares Ultra Financials during the third quarter worth $218,000. Belvedere Trading LLC acquired a new stake in ProShares Ultra Financials during the third quarter worth about $407,000. Finally, Strategic Investment Solutions Inc. IL bought a new stake in shares of ProShares Ultra Financials in the 3rd quarter worth approximately $92,000.

ProShares Ultra Financials Stock Down 1.4 %

UYG stock opened at $87.05 on Monday. ProShares Ultra Financials has a fifty-two week low of $53.00 and a fifty-two week high of $97.69. The company has a 50-day simple moving average of $88.50 and a 200 day simple moving average of $77.54.

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.