Diversified Trust Co Invests $5.57 Million in ProShares UltraPro S&P 500 $UPRO

Diversified Trust Co bought a new stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 50,000 shares of the company’s stock, valued at approximately $5,574,000. Diversified Trust Co owned about 0.12% of ProShares UltraPro S&P 500 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Allworth Financial LP boosted its stake in ProShares UltraPro S&P 500 by 96.6% during the second quarter. Allworth Financial LP now owns 627 shares of the company’s stock worth $57,000 after buying an additional 308 shares during the period. Legacy Wealth Managment LLC ID bought a new stake in shares of ProShares UltraPro S&P 500 in the 2nd quarter worth about $64,000. Physician Wealth Advisors Inc. lifted its holdings in shares of 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 acquiring an additional 424 shares during the last quarter. Bank of America Corp DE purchased a new position in shares of ProShares UltraPro S&P 500 during the 2nd quarter worth about $90,000. Finally, Spire Wealth Management bought a new position in ProShares UltraPro S&P 500 during the 2nd quarter valued at about $101,000.

ProShares UltraPro S&P 500 Price Performance

Shares of NYSEARCA UPRO opened at $118.92 on Tuesday. ProShares UltraPro S&P 500 has a 1 year low of $45.88 and a 1 year high of $122.19. The firm has a 50-day simple moving average of $115.16 and a two-hundred day simple moving average of $105.43. The company has a market cap of $5.10 billion, a P/E ratio of 28.62 and a beta of 3.03.

ProShares UltraPro S&P 500 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.