PMV Capital Advisers LLC Makes New Investment in ProShares Ultra Energy (NYSEARCA:DIG)

PMV Capital Advisers LLC acquired a new stake in shares of ProShares Ultra Energy (NYSEARCA:DIG) in the first quarter, Holdings Channel.com reports. The firm acquired 2,705 shares of the exchange traded fund’s stock, valued at approximately $114,000. ProShares Ultra Energy makes up about 0.3% of PMV Capital Advisers LLC’s investment portfolio, making the stock its 26th largest position.

Separately, Squarepoint Ops LLC acquired a new position in shares of ProShares Ultra Energy in the 4th quarter valued at $257,000.

ProShares Ultra Energy Stock Performance

NYSEARCA:DIG opened at $33.67 on Wednesday. The company has a 50-day moving average of $32.27 and a 200-day moving average of $35.93. ProShares Ultra Energy has a 52 week low of $26.50 and a 52 week high of $47.04. The company has a market capitalization of $70.71 million, a price-to-earnings ratio of 14.85 and a beta of 1.52.

ProShares Ultra Energy Company Profile

ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.