EverSource Wealth Advisors LLC Boosts Position in ProShares UltraPro S&P 500 $UPRO

EverSource Wealth Advisors LLC grew its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 142.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 22,613 shares of the company’s stock after buying an additional 13,288 shares during the period. EverSource Wealth Advisors LLC owned 0.05% of ProShares UltraPro S&P 500 worth $2,521,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Westmount Partners LLC grew its stake in ProShares UltraPro S&P 500 by 1.2% during the third quarter. Westmount Partners LLC now owns 8,321 shares of the company’s stock valued at $938,000 after acquiring an additional 95 shares in the last quarter. Physician Wealth Advisors Inc. boosted its holdings in ProShares UltraPro S&P 500 by 11.6% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 944 shares of the company’s stock valued at $105,000 after purchasing an additional 98 shares during the period. SBI Securities Co. Ltd. grew its position in shares of ProShares UltraPro S&P 500 by 14.6% during the 2nd quarter. SBI Securities Co. Ltd. now owns 1,460 shares of the company’s stock valued at $134,000 after purchasing an additional 186 shares in the last quarter. Allworth Financial LP increased its holdings in shares of ProShares UltraPro S&P 500 by 96.6% in the second quarter. Allworth Financial LP now owns 627 shares of the company’s stock worth $57,000 after purchasing an additional 308 shares during the period. Finally, Koshinski Asset Management Inc. raised its position in shares of ProShares UltraPro S&P 500 by 5.7% in the third quarter. Koshinski Asset Management Inc. now owns 5,841 shares of the company’s stock worth $651,000 after buying an additional 316 shares in the last quarter.

ProShares UltraPro S&P 500 Stock Up 2.1%

ProShares UltraPro S&P 500 stock opened at $116.07 on Wednesday. ProShares UltraPro S&P 500 has a 52 week low of $45.88 and a 52 week high of $122.85. The business has a 50-day simple moving average of $117.87 and a 200 day simple moving average of $112.80. The stock has a market cap of $4.57 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.