3,000 Shares in ProShares Ultra Dow30 (NYSEARCA:DDM) Acquired by MGO One Seven LLC

MGO One Seven LLC bought a new position in ProShares Ultra Dow30 (NYSEARCA:DDM) in the fourth quarter, according to its most recent filing with the SEC. The firm bought 3,000 shares of the company’s stock, valued at approximately $286,000. MGO One Seven LLC owned approximately 0.06% of ProShares Ultra Dow30 as of its most recent SEC filing.

A number of other institutional investors also recently bought and sold shares of DDM. Barclays PLC lifted its stake in ProShares Ultra Dow30 by 100.0% during the 3rd quarter. Barclays PLC now owns 600 shares of the company’s stock valued at $57,000 after acquiring an additional 300 shares during the period. Headlands Technologies LLC acquired a new stake in ProShares Ultra Dow30 during the 4th quarter valued at approximately $110,000. Capital Investment Advisory Services LLC lifted its stake in ProShares Ultra Dow30 by 100.6% during the 4th quarter. Capital Investment Advisory Services LLC now owns 2,277 shares of the company’s stock valued at $217,000 after acquiring an additional 1,142 shares during the period. Chung Wu Investment Group LLC acquired a new stake in ProShares Ultra Dow30 during the 4th quarter valued at approximately $791,000. Finally, Koshinski Asset Management Inc. lifted its stake in ProShares Ultra Dow30 by 3.9% during the 4th quarter. Koshinski Asset Management Inc. now owns 12,864 shares of the company’s stock valued at $1,226,000 after acquiring an additional 485 shares during the period.

ProShares Ultra Dow30 Trading Up 1.4 %

Shares of NYSEARCA DDM opened at $83.62 on Wednesday. ProShares Ultra Dow30 has a 12 month low of $69.08 and a 12 month high of $107.60. The company has a 50 day simple moving average of $87.93 and a two-hundred day simple moving average of $96.04. The stock has a market cap of $367.93 million, a price-to-earnings ratio of 20.98 and a beta of 1.84.

ProShares Ultra Dow30 Company Profile

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.