Spire Wealth Management Buys Shares of 1,101 ProShares UltraPro S&P 500 $UPRO

Spire Wealth Management bought a new stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 1,101 shares of the company’s stock, valued at approximately $101,000.

Several other institutional investors have also recently bought and sold shares of the company. Westmount Partners LLC lifted its stake in ProShares UltraPro S&P 500 by 3.4% in the 2nd quarter. Westmount Partners LLC now owns 8,226 shares of the company’s stock valued at $752,000 after acquiring an additional 268 shares in the last quarter. SBI Securities Co. Ltd. lifted its stake in ProShares UltraPro S&P 500 by 30.4% in the 1st quarter. SBI Securities Co. Ltd. now owns 1,274 shares of the company’s stock valued at $94,000 after acquiring an additional 297 shares in the last quarter. Signaturefd LLC lifted its stake in ProShares UltraPro S&P 500 by 39.8% in the 1st quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock valued at $107,000 after acquiring an additional 414 shares in the last quarter. Physician Wealth Advisors Inc. lifted its stake 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 valued at $77,000 after acquiring an additional 424 shares in the last quarter. Finally, Ellis Investment Partners LLC lifted its stake in ProShares UltraPro S&P 500 by 5.1% in the 2nd quarter. Ellis Investment Partners LLC now owns 10,205 shares of the company’s stock valued at $933,000 after acquiring an additional 498 shares in the last quarter.

ProShares UltraPro S&P 500 Stock Performance

NYSEARCA UPRO opened at $115.46 on Thursday. The stock has a market capitalization of $4.95 billion, a price-to-earnings ratio of 28.62 and a beta of 3.03. The stock’s 50 day moving average price is $110.21 and its two-hundred day moving average price is $94.74. ProShares UltraPro S&P 500 has a 52 week low of $45.88 and a 52 week high of $122.19.

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.