ProShares UltraPro S&P 500 $UPRO Shares Bought by Assetmark Inc.

Assetmark Inc. grew its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 7,052.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 210,489 shares of the company’s stock after acquiring an additional 207,546 shares during the period. Assetmark Inc. owned about 0.49% of ProShares UltraPro S&P 500 worth $23,467,000 as of its most recent filing with the Securities & Exchange Commission.

Other large investors have also modified their holdings of the company. Allworth Financial LP boosted its holdings in ProShares UltraPro S&P 500 by 96.6% in the second quarter. Allworth Financial LP now owns 627 shares of the company’s stock valued at $57,000 after purchasing an additional 308 shares during the period. Legacy Wealth Managment LLC ID acquired a new stake in ProShares UltraPro S&P 500 in the 2nd quarter valued at about $64,000. Bank of America Corp DE purchased a new position in shares of ProShares UltraPro S&P 500 in the 2nd quarter valued at about $90,000. Spire Wealth Management acquired a new position in shares of ProShares UltraPro S&P 500 during the second quarter worth about $101,000. Finally, Physician Wealth Advisors Inc. grew its position in shares of ProShares UltraPro S&P 500 by 11.6% during the third quarter. Physician Wealth Advisors Inc. now owns 944 shares of the company’s stock worth $105,000 after buying an additional 98 shares in the last quarter.

ProShares UltraPro S&P 500 Stock Up 0.0%

Shares of NYSEARCA:UPRO opened at $113.51 on Friday. ProShares UltraPro S&P 500 has a fifty-two week low of $45.88 and a fifty-two week high of $122.85. The firm’s 50 day moving average price is $118.11 and its 200 day moving average price is $111.77. The stock has a market cap of $4.47 billion, a price-to-earnings ratio of 28.62 and a beta of 3.03.

About ProShares UltraPro S&P 500

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.