Envestnet Asset Management Inc. Makes New $443,000 Investment in ProShares Ultra Industrials $UXI

Envestnet Asset Management Inc. bought a new stake in shares of ProShares Ultra Industrials (NYSEARCA:UXI) during the 2nd quarter, according to its most recent Form 13F filing with the SEC. The fund bought 10,272 shares of the company’s stock, valued at approximately $443,000. Envestnet Asset Management Inc. owned 1.83% of ProShares Ultra Industrials as of its most recent SEC filing.

Separately, SteelPeak Wealth LLC purchased a new position in shares of ProShares Ultra Industrials during the second quarter valued at $207,000.

ProShares Ultra Industrials Trading Up 2.4%

Shares of ProShares Ultra Industrials stock opened at $44.57 on Wednesday. ProShares Ultra Industrials has a 1 year low of $24.87 and a 1 year high of $47.53. The company has a market cap of $24.96 million, a P/E ratio of 24.50 and a beta of 2.23. The stock has a 50-day moving average price of $45.48 and a 200 day moving average price of $44.04.

ProShares Ultra Industrials Profile

ProShares Ultra Industrials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones United States Industrials Index. The Dow Jones United States Industrials Index measures the performance of the industrial industry of the United States equity market. Component companies include building materials, heavy construction, factory equipment, heavy machinery, industrial services, pollution control, containers and packaging, industrial diversified, air freight, marine transportation, railroads, trucking, land-transportation equipment, shipbuilding, transportation services, advanced industrial equipment, electric components and equipment, and aerospace.