EverSource Wealth Advisors LLC cut its position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) by 31.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 15,586 shares of the company’s stock after selling 7,027 shares during the quarter. EverSource Wealth Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $1,804,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors have also bought and sold shares of UPRO. JPMorgan Chase & Co. grew its stake in ProShares UltraPro S&P 500 by 8,796.7% in the 2nd quarter. JPMorgan Chase & Co. now owns 32,117 shares of the company’s stock valued at $2,937,000 after buying an additional 31,756 shares during the last quarter. Spectrum Financial Alliance Ltd LLC grew its position in ProShares UltraPro S&P 500 by 185.4% in the 2nd quarter. Spectrum Financial Alliance Ltd LLC now owns 83,958 shares of the company’s stock worth $8,234,000 after purchasing an additional 54,541 shares during the last quarter. Bank of America Corp DE acquired a new stake in ProShares UltraPro S&P 500 in the 2nd quarter worth $90,000. Group One Trading LLC acquired a new stake in ProShares UltraPro S&P 500 in the 2nd quarter worth $1,783,000. Finally, Corient Private Wealth LLC grew its position in ProShares UltraPro S&P 500 by 31.1% in the 2nd quarter. Corient Private Wealth LLC now owns 24,907 shares of the company’s stock worth $2,277,000 after purchasing an additional 5,912 shares during the last quarter.
ProShares UltraPro S&P 500 Price Performance
NYSEARCA UPRO opened at $143.08 on Friday. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02. The company’s fifty day moving average is $118.05 and its two-hundred day moving average is $116.74. ProShares UltraPro S&P 500 has a 52-week low of $74.48 and a 52-week high of $145.93.
ProShares UltraPro S&P 500 Company 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.
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