ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Shares Bought by Main Street Group LTD

Main Street Group LTD boosted its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 0.7% in the fourth quarter, Holdings Channel reports. The fund owned 43,274 shares of the company’s stock after purchasing an additional 284 shares during the period. ProShares UltraPro S&P 500 accounts for about 1.4% of Main Street Group LTD’s portfolio, making the stock its 11th biggest position. Main Street Group LTD’s holdings in ProShares UltraPro S&P 500 were worth $3,836,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC lifted its position in ProShares UltraPro S&P 500 by 28.6% during the 4th quarter. Farther Finance Advisors LLC now owns 900 shares of the company’s stock worth $80,000 after acquiring an additional 200 shares during the period. Koshinski Asset Management Inc. lifted its holdings in shares of ProShares UltraPro S&P 500 by 8.2% in the 4th quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock valued at $248,000 after buying an additional 212 shares during the period. Erickson Financial Group LLC lifted its holdings in shares of ProShares UltraPro S&P 500 by 3.2% in the 4th quarter. Erickson Financial Group LLC now owns 7,710 shares of the company’s stock valued at $683,000 after buying an additional 237 shares during the period. Millington Financial Advisors LLC lifted its holdings in shares of ProShares UltraPro S&P 500 by 1.1% in the 4th quarter. Millington Financial Advisors LLC now owns 32,149 shares of the company’s stock valued at $2,977,000 after buying an additional 338 shares during the period. Finally, GR Financial Group LLC lifted its holdings in shares of ProShares UltraPro S&P 500 by 7.8% in the 4th quarter. GR Financial Group LLC now owns 5,879 shares of the company’s stock valued at $521,000 after buying an additional 427 shares during the period.

ProShares UltraPro S&P 500 Price Performance

UPRO opened at $79.37 on Wednesday. The business has a 50 day simple moving average of $68.46 and a 200-day simple moving average of $84.42. The stock has a market capitalization of $4.05 billion, a P/E ratio of 19.60 and a beta of 3.03. ProShares UltraPro S&P 500 has a 12 month low of $45.88 and a 12 month high of $100.06.

ProShares UltraPro S&P 500 Profile

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.