StoneX Group Inc. acquired a new stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO – Free Report) in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 9,238 shares of the company’s stock, valued at approximately $1,339,000.
Other hedge funds also recently modified their holdings of the company. Ashton Thomas Private Wealth LLC increased its position in ProShares UltraPro S&P 500 by 3.6% during the third quarter. Ashton Thomas Private Wealth LLC now owns 4,738 shares of the company’s stock worth $696,000 after acquiring an additional 163 shares during the period. Calamos Wealth Management LLC bought a new stake in ProShares UltraPro S&P 500 in the 3rd quarter valued at $670,000. SYM FINANCIAL Corp bought a new stake in ProShares UltraPro S&P 500 in the 3rd quarter valued at $690,000. Segment Wealth Management LLC acquired a new stake in ProShares UltraPro S&P 500 in the 3rd quarter worth $303,000. Finally, Signaturefd LLC acquired a new stake in ProShares UltraPro S&P 500 in the 3rd quarter worth $84,000.
ProShares UltraPro S&P 500 Stock Performance
NYSEARCA:UPRO opened at $137.91 on Tuesday. The firm’s 50-day moving average is $148.08 and its 200-day moving average is $134.18. ProShares UltraPro S&P 500 has a 52-week low of $88.14 and a 52-week high of $158.63. The company has a market cap of $5.23 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02.
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.
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