Blair William & Co. IL Buys New Stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Blair William & Co. IL purchased a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 1,522 shares of the company’s stock, valued at approximately $135,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. lifted its position in shares of ProShares UltraPro S&P 500 by 24.1% during the 4th quarter. JPMorgan Chase & Co. now owns 41,932 shares of the company’s stock worth $3,717,000 after buying an additional 8,133 shares during the period. Simplex Trading LLC bought a new position in ProShares UltraPro S&P 500 during the 4th quarter valued at about $5,485,000. Farther Finance Advisors LLC boosted its position in ProShares UltraPro S&P 500 by 28.6% in the fourth quarter. Farther Finance Advisors LLC now owns 900 shares of the company’s stock valued at $80,000 after buying an additional 200 shares in the last quarter. EverSource Wealth Advisors LLC bought a new stake in ProShares UltraPro S&P 500 during the fourth quarter worth about $922,000. Finally, GR Financial Group LLC raised its stake in shares of ProShares UltraPro S&P 500 by 7.8% in the fourth quarter. GR Financial Group LLC now owns 5,879 shares of the company’s stock valued at $521,000 after acquiring an additional 427 shares during the last quarter.

ProShares UltraPro S&P 500 Price Performance

Shares of UPRO opened at $53.82 on Monday. The company has a market capitalization of $2.57 billion, a P/E ratio of 21.87 and a beta of 3.03. ProShares UltraPro S&P 500 has a one year low of $53.28 and a one year high of $100.06. The business’s 50 day simple moving average is $85.24 and its 200-day simple moving average is $88.99.

About ProShares UltraPro S&P 500

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.