JPMorgan Chase & Co. Acquires 8,133 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

JPMorgan Chase & Co. lifted its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 24.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 41,932 shares of the company’s stock after acquiring an additional 8,133 shares during the quarter. JPMorgan Chase & Co. owned 0.09% of ProShares UltraPro S&P 500 worth $3,717,000 at the end of the most recent quarter.

Other institutional investors also recently made changes to their positions in the company. Farther Finance Advisors LLC lifted its stake 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 worth $80,000 after purchasing an additional 200 shares during the last quarter. SBI Securities Co. Ltd. bought a new stake in shares of ProShares UltraPro S&P 500 in the 4th quarter valued at about $87,000. Mayflower Financial Advisors LLC purchased a new stake in ProShares UltraPro S&P 500 during the 4th quarter valued at about $230,000. Koshinski Asset Management Inc. grew its position in ProShares UltraPro S&P 500 by 8.2% during the 4th quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock worth $248,000 after acquiring an additional 212 shares during the last quarter. Finally, Choreo LLC increased its stake in ProShares UltraPro S&P 500 by 21.3% in the 4th quarter. Choreo LLC now owns 3,703 shares of the company’s stock worth $332,000 after purchasing an additional 651 shares during the period.

ProShares UltraPro S&P 500 Stock Performance

NYSEARCA:UPRO opened at $58.28 on Monday. ProShares UltraPro S&P 500 has a fifty-two week low of $45.88 and a fifty-two week high of $100.06. The business has a 50 day moving average price of $76.51 and a 200-day moving average price of $86.77. The firm has a market cap of $2.79 billion, a PE ratio of 21.87 and a beta of 3.03.

ProShares UltraPro S&P 500 Profile

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.