1,800 Shares in ProShares Ultra Gold (NYSEARCA:UGL) Purchased by Mayfair Advisory Group LLC

Mayfair Advisory Group LLC purchased a new position in shares of ProShares Ultra Gold (NYSEARCA:UGL) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 1,800 shares of the company’s stock, valued at approximately $232,000. Mayfair Advisory Group LLC owned about 0.05% of ProShares Ultra Gold as of its most recent SEC filing.

Other hedge funds have also recently modified their holdings of the company. Partners Wealth Management LLC acquired a new stake in ProShares Ultra Gold in the 1st quarter valued at about $270,000. McElhenny Sheffield Capital Management LLC acquired a new stake in ProShares Ultra Gold in the 1st quarter valued at about $277,000. IMC Chicago LLC acquired a new position in ProShares Ultra Gold during the first quarter worth $7,841,000. IAM Advisory LLC purchased a new stake in ProShares Ultra Gold in the 1st quarter valued at $257,000. Finally, EverSource Wealth Advisors LLC purchased a new stake in ProShares Ultra Gold in the 4th quarter valued at $1,592,000.

ProShares Ultra Gold Stock Performance

Shares of NYSEARCA:UGL opened at $36.43 on Wednesday. The business has a fifty day moving average of $35.15 and a two-hundred day moving average of $29.66. ProShares Ultra Gold has a 52-week low of $18.75 and a 52-week high of $38.45.

About ProShares Ultra Gold

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.