Encompass More Asset Management Boosts Stock Position in ProShares UltraPro Dow30 $UDOW

Encompass More Asset Management increased its holdings in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 191.1% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,235 shares of the company’s stock after purchasing an additional 21,162 shares during the quarter. Encompass More Asset Management owned approximately 0.48% of ProShares UltraPro Dow30 worth $3,451,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also bought and sold shares of UDOW. Flow Traders U.S. LLC lifted its holdings in ProShares UltraPro Dow30 by 139.0% in the 2nd quarter. Flow Traders U.S. LLC now owns 64,238 shares of the company’s stock worth $6,065,000 after buying an additional 37,357 shares during the period. Tower Research Capital LLC TRC raised its holdings in shares of ProShares UltraPro Dow30 by 39.2% during the second quarter. Tower Research Capital LLC TRC now owns 38,652 shares of the company’s stock valued at $3,650,000 after acquiring an additional 10,877 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in ProShares UltraPro Dow30 in the second quarter worth $2,267,000. Corient Private Wealth LLC lifted its stake in ProShares UltraPro Dow30 by 6.8% in the second quarter. Corient Private Wealth LLC now owns 20,121 shares of the company’s stock worth $1,900,000 after acquiring an additional 1,275 shares during the period. Finally, TrueMark Investments LLC bought a new stake in ProShares UltraPro Dow30 in the second quarter valued at $1,375,000.

ProShares UltraPro Dow30 Trading Down 0.1%

Shares of ProShares UltraPro Dow30 stock opened at $60.33 on Monday. ProShares UltraPro Dow30 has a 12-month low of $28.45 and a 12-month high of $61.39. The company has a market cap of $742.06 million, a P/E ratio of 20.47 and a beta of 2.79. The company’s fifty day simple moving average is $56.61 and its two-hundred day simple moving average is $51.92.

ProShares UltraPro Dow30 Company Profile

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. The Fund invests in common stock issued by public companies.