ProShares Ultra Dow30 $DDM Shares Sold by CPR Investments Inc.

CPR Investments Inc. lowered its stake in ProShares Ultra Dow30 (NYSEARCA:DDM) by 56.6% in the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 6,769 shares of the company’s stock after selling 8,817 shares during the period. CPR Investments Inc.’s holdings in ProShares Ultra Dow30 were worth $352,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in DDM. Global View Capital Management LLC grew its holdings in shares of ProShares Ultra Dow30 by 271.1% during the fourth quarter. Global View Capital Management LLC now owns 566,105 shares of the company’s stock valued at $32,189,000 after buying an additional 413,552 shares during the last quarter. HRT Financial LP purchased a new position in ProShares Ultra Dow30 in the 4th quarter worth $8,335,000. Focus Partners Wealth purchased a new position in ProShares Ultra Dow30 in the 4th quarter worth $5,481,000. GenWealth Group Inc. lifted its position in ProShares Ultra Dow30 by 105.8% during the 4th quarter. GenWealth Group Inc. now owns 159,954 shares of the company’s stock worth $9,620,000 after acquiring an additional 82,230 shares during the period. Finally, Northwestern Mutual Wealth Management Co. lifted its position in ProShares Ultra Dow30 by 10,339.2% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 38,834 shares of the company’s stock worth $2,208,000 after acquiring an additional 38,462 shares during the period.

ProShares Ultra Dow30 Stock Performance

ProShares Ultra Dow30 stock opened at $63.90 on Monday. The business’s 50-day simple moving average is $60.32 and its two-hundred day simple moving average is $58.27. The company has a market cap of $568.71 million, a PE ratio of 20.98 and a beta of 1.74. ProShares Ultra Dow30 has a fifty-two week low of $44.65 and a fifty-two week high of $65.73.

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.