Bank of America Corp DE Grows Stock Position in ProShares Ultra Health Care (NYSEARCA:RXL)

Bank of America Corp DE boosted its stake in ProShares Ultra Health Care (NYSEARCA:RXL) by 100.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,508 shares of the company’s stock after acquiring an additional 1,754 shares during the quarter. Bank of America Corp DE owned about 0.39% of ProShares Ultra Health Care worth $154,000 at the end of the most recent reporting period.

Separately, Coppell Advisory Solutions LLC boosted its stake in shares of ProShares Ultra Health Care by 100.0% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,156 shares of the company’s stock valued at $51,000 after buying an additional 578 shares during the last quarter.

ProShares Ultra Health Care Trading Down 0.4%

ProShares Ultra Health Care stock opened at $41.15 on Tuesday. The stock has a market cap of $67.07 million, a P/E ratio of 24.86 and a beta of 1.36. ProShares Ultra Health Care has a 52 week low of $36.52 and a 52 week high of $58.74. The stock has a 50 day moving average of $41.02 and a 200-day moving average of $45.34.

ProShares Ultra Health Care Company Profile

ProShares Ultra Health Care (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Health Care Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.