BXM Wealth LLC Lowers Holdings in ProShares UltraPro S&P 500 $UPRO

BXM Wealth LLC trimmed its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 90.7% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 18,799 shares of the company’s stock after selling 182,824 shares during the period. ProShares UltraPro S&P 500 comprises 1.4% of BXM Wealth LLC’s holdings, making the stock its 18th largest position. BXM Wealth LLC’s holdings in ProShares UltraPro S&P 500 were worth $1,823,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors also recently bought and sold shares of UPRO. JPMorgan Chase & Co. lifted its holdings in ProShares UltraPro S&P 500 by 8,796.7% in the second quarter. JPMorgan Chase & Co. now owns 32,117 shares of the company’s stock valued at $2,937,000 after acquiring an additional 31,756 shares during the period. Spectrum Financial Alliance Ltd LLC grew its stake in shares of ProShares UltraPro S&P 500 by 185.4% during the 2nd quarter. Spectrum Financial Alliance Ltd LLC now owns 83,958 shares of the company’s stock worth $8,234,000 after purchasing an additional 54,541 shares during the period. Bank of America Corp DE purchased a new position in shares of ProShares UltraPro S&P 500 during the 2nd quarter valued at approximately $90,000. Group One Trading LLC purchased a new position in shares of ProShares UltraPro S&P 500 during the 2nd quarter valued at approximately $1,783,000. Finally, Corient Private Wealth LLC lifted its stake in shares of ProShares UltraPro S&P 500 by 31.1% in the 2nd quarter. Corient Private Wealth LLC now owns 24,907 shares of the company’s stock valued at $2,277,000 after purchasing an additional 5,912 shares during the period.

ProShares UltraPro S&P 500 Stock Performance

Shares of NYSEARCA UPRO opened at $138.76 on Tuesday. The company has a market capitalization of $5.06 billion, a PE ratio of 28.62 and a beta of 3.02. The company’s fifty day moving average price is $137.85 and its 200 day moving average price is $121.89. ProShares UltraPro S&P 500 has a 1 year low of $88.14 and a 1 year high of $151.41.

ProShares UltraPro S&P 500 Company 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.