Flow Traders U.S. LLC Sells 50,826 Shares of ProShares Ultra Bloomberg Crude Oil (UCO)

Flow Traders U.S. LLC cut its position in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) by 39.0% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 79,396 shares of the exchange traded fund’s stock after selling 50,826 shares during the quarter. Flow Traders U.S. LLC owned about 0.55% of ProShares Ultra Bloomberg Crude Oil worth $2,855,000 at the end of the most recent quarter.

Separately, XR Securities LLC lifted its position in ProShares Ultra Bloomberg Crude Oil by 91.9% in the 3rd quarter. XR Securities LLC now owns 82,073 shares of the exchange traded fund’s stock valued at $2,951,000 after purchasing an additional 39,299 shares during the last quarter.

Shares of NYSEARCA:UCO opened at $17.92 on Friday. ProShares Ultra Bloomberg Crude Oil has a fifty-two week low of $16.10 and a fifty-two week high of $39.36.

WARNING: This report was first posted by American Banking News and is the property of of American Banking News. If you are reading this report on another website, it was stolen and reposted in violation of United States and international copyright & trademark law. The original version of this report can be viewed at https://www.americanbankingnews.com/2018/12/08/flow-traders-u-s-llc-sells-50826-shares-of-proshares-ultra-bloomberg-crude-oil-uco.html.

About ProShares Ultra Bloomberg Crude Oil

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.

Recommended Story: What is Compound Annual Growth Rate (CAGR)?

Want to see what other hedge funds are holding UCO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO).

Institutional Ownership by Quarter for ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO)

Receive News & Ratings for ProShares Ultra Bloomberg Crude Oil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ProShares Ultra Bloomberg Crude Oil and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply