Global View Capital Management LLC Raises Holdings in ProShares Ultra Dow30 $DDM

Global View Capital Management LLC lifted its stake in shares of ProShares Ultra Dow30 (NYSEARCA:DDM) by 271.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 566,105 shares of the company’s stock after acquiring an additional 413,552 shares during the quarter. ProShares Ultra Dow30 makes up approximately 6.0% of Global View Capital Management LLC’s holdings, making the stock its 5th biggest holding. Global View Capital Management LLC owned about 6.09% of ProShares Ultra Dow30 worth $32,189,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the company. GenWealth Group Inc. grew its stake in ProShares Ultra Dow30 by 105.8% in the fourth 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. Tower Research Capital LLC TRC raised its position in ProShares Ultra Dow30 by 32,044.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 33,752 shares of the company’s stock valued at $3,309,000 after purchasing an additional 33,647 shares in the last quarter. CPR Investments Inc. lifted its holdings in shares of ProShares Ultra Dow30 by 277.8% in the 4th quarter. CPR Investments Inc. now owns 15,586 shares of the company’s stock worth $886,000 after buying an additional 11,460 shares during the period. Flow Traders U.S. LLC purchased a new stake in shares of ProShares Ultra Dow30 in the 2nd quarter worth $1,005,000. Finally, Castleview Partners LLC grew its position in shares of ProShares Ultra Dow30 by 215.6% during the 4th quarter. Castleview Partners LLC now owns 10,180 shares of the company’s stock worth $579,000 after buying an additional 6,954 shares in the last quarter.

ProShares Ultra Dow30 Stock Performance

Shares of ProShares Ultra Dow30 stock opened at $49.49 on Monday. The stock’s fifty day moving average price is $57.29 and its 200-day moving average price is $56.20. The firm has a market cap of $435.51 million, a P/E ratio of 20.98 and a beta of 1.84. 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 firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 25th will be given a dividend of $0.1553 per share. This is a positive change from ProShares Ultra Dow30’s previous quarterly dividend of $0.14. The ex-dividend date of this dividend is Wednesday, March 25th. This represents a $0.62 dividend on an annualized basis and a yield of 1.3%.

About ProShares Ultra Dow30

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.