ProShares UltraPro S&P 500 $UPRO Shares Acquired by Ellis Investment Partners LLC

Ellis Investment Partners LLC lifted its position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 5.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 10,205 shares of the company’s stock after acquiring an additional 498 shares during the quarter. Ellis Investment Partners LLC’s holdings in ProShares UltraPro S&P 500 were worth $933,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of UPRO. Physician Wealth Advisors Inc. raised its holdings in ProShares UltraPro S&P 500 by 100.5% in the 2nd quarter. Physician Wealth Advisors Inc. now owns 846 shares of the company’s stock worth $77,000 after purchasing an additional 424 shares during the period. SBI Securities Co. Ltd. raised its stake in shares of ProShares UltraPro S&P 500 by 30.4% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,274 shares of the company’s stock worth $94,000 after buying an additional 297 shares during the period. Signaturefd LLC raised its stake in shares of ProShares UltraPro S&P 500 by 39.8% during the 1st quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $107,000 after buying an additional 414 shares during the period. Farther Finance Advisors LLC lifted its position in shares of ProShares UltraPro S&P 500 by 608.4% during the 2nd quarter. Farther Finance Advisors LLC now owns 2,033 shares of the company’s stock valued at $186,000 after buying an additional 1,746 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in ProShares UltraPro S&P 500 in the 1st quarter valued at $219,000.

ProShares UltraPro S&P 500 Stock Performance

Shares of NYSEARCA UPRO opened at $104.49 on Monday. The firm has a fifty day moving average of $104.93 and a 200 day moving average of $88.18. The firm has a market cap of $4.26 billion, a PE ratio of 28.62 and a beta of 3.08. ProShares UltraPro S&P 500 has a one year low of $45.88 and a one year high of $115.19.

ProShares UltraPro S&P 500 Company 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.