ProShares Ultra Dow30 $DDM Shares Bought by CPR Investments Inc.

CPR Investments Inc. grew its holdings in ProShares Ultra Dow30 (NYSEARCA:DDM) by 277.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 15,586 shares of the company’s stock after purchasing an additional 11,460 shares during the quarter. ProShares Ultra Dow30 makes up approximately 0.5% of CPR Investments Inc.’s portfolio, making the stock its 28th largest holding. CPR Investments Inc. owned 0.17% of ProShares Ultra Dow30 worth $886,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Castleview Partners LLC raised its holdings in shares of ProShares Ultra Dow30 by 215.6% in the fourth quarter. Castleview Partners LLC now owns 10,180 shares of the company’s stock worth $579,000 after acquiring an additional 6,954 shares during the last quarter. GenWealth Group Inc. increased its position in ProShares Ultra Dow30 by 105.8% during the 4th quarter. GenWealth Group Inc. now owns 159,954 shares of the company’s stock worth $9,620,000 after purchasing an additional 82,230 shares in the last quarter. Qube Research & Technologies Ltd purchased a new stake in ProShares Ultra Dow30 during the 3rd quarter worth about $44,000. Capital Investment Advisory Services LLC raised its stake in ProShares Ultra Dow30 by 7.4% in the 3rd quarter. Capital Investment Advisory Services LLC now owns 3,738 shares of the company’s stock valued at $401,000 after purchasing an additional 257 shares during the last quarter. Finally, Global View Capital Management LLC lifted its holdings in ProShares Ultra Dow30 by 31.2% in the 3rd quarter. Global View Capital Management LLC now owns 152,553 shares of the company’s stock valued at $16,366,000 after purchasing an additional 36,263 shares in the last quarter.

ProShares Ultra Dow30 Price Performance

Shares of NYSEARCA DDM opened at $49.49 on Friday. The company has a market cap of $435.51 million, a PE ratio of 20.98 and a beta of 1.84. The company has a 50-day simple moving average of $57.29 and a 200-day simple moving average of $56.17. ProShares Ultra Dow30 has a 12 month low of $34.54 and a 12 month high of $62.35.

ProShares Ultra Dow30 Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 25th will be issued a $0.1553 dividend. This represents a $0.62 annualized dividend and a dividend yield of 1.3%. This is a boost from ProShares Ultra Dow30’s previous quarterly dividend of $0.14. The ex-dividend date is Wednesday, March 25th.

ProShares Ultra Dow30 Company 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.