ProShares Ultra Dow30 $DDM Shares Acquired by Global View Capital Management LLC

Global View Capital Management LLC lifted its position in ProShares Ultra Dow30 (NYSEARCA:DDM) by 31.2% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 152,553 shares of the company’s stock after buying an additional 36,263 shares during the quarter. ProShares Ultra Dow30 comprises approximately 3.5% of Global View Capital Management LLC’s holdings, making the stock its 7th largest position. Global View Capital Management LLC owned 3.51% of ProShares Ultra Dow30 worth $16,366,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Tower Research Capital LLC TRC increased its stake in ProShares Ultra Dow30 by 32,044.8% during the second quarter. Tower Research Capital LLC TRC now owns 33,752 shares of the company’s stock valued at $3,309,000 after acquiring an additional 33,647 shares during the period. Flow Traders U.S. LLC acquired a new position in ProShares Ultra Dow30 in the second quarter worth about $1,005,000. GenWealth Group Inc. boosted its holdings in ProShares Ultra Dow30 by 7.9% during the second quarter. GenWealth Group Inc. now owns 76,264 shares of the company’s stock valued at $7,476,000 after purchasing an additional 5,591 shares in the last quarter. Chung Wu Investment Group LLC bought a new position in shares of ProShares Ultra Dow30 during the 2nd quarter worth approximately $510,000. Finally, Modern Wealth Management LLC bought a new stake in ProShares Ultra Dow30 in the second quarter valued at $410,000.

ProShares Ultra Dow30 Trading Down 0.4%

NYSEARCA DDM opened at $59.79 on Tuesday. ProShares Ultra Dow30 has a 1-year low of $34.54 and a 1-year high of $60.53. The company has a 50 day moving average of $57.06 and a 200-day moving average of $53.82. The firm has a market cap of $553.06 million, a price-to-earnings ratio of 20.98 and a beta of 1.84.

ProShares Ultra Dow30 Profile

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.