Corient Private Wealth LLC boosted its position in ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report) by 72.6% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 24,030 shares of the company’s stock after purchasing an additional 10,110 shares during the period. Corient Private Wealth LLC owned about 0.19% of ProShares UltraPro Dow30 worth $1,392,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Jump Financial LLC bought a new stake in ProShares UltraPro Dow30 in the fourth quarter valued at approximately $2,751,000. Squarepoint Ops LLC bought a new position in shares of ProShares UltraPro Dow30 during the 4th quarter worth approximately $2,533,000. Quadrature Capital Ltd acquired a new position in shares of ProShares UltraPro Dow30 during the 3rd quarter worth approximately $3,456,000. FNY Investment Advisers LLC acquired a new position in shares of ProShares UltraPro Dow30 during the 4th quarter worth approximately $1,546,000. Finally, Tower Research Capital LLC TRC raised its stake in ProShares UltraPro Dow30 by 136.3% in the 4th quarter. Tower Research Capital LLC TRC now owns 41,847 shares of the company’s stock valued at $2,423,000 after acquiring an additional 24,139 shares during the period.
ProShares UltraPro Dow30 Price Performance
Shares of ProShares UltraPro Dow30 stock opened at $70.17 on Thursday. The business has a fifty day simple moving average of $64.10 and a two-hundred day simple moving average of $60.25. ProShares UltraPro Dow30 has a 1 year low of $44.37 and a 1 year high of $71.92. The company has a market capitalization of $873.62 million, a price-to-earnings ratio of 20.47 and a beta of 2.59.
About ProShares UltraPro Dow30
ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. The Fund invests in common stock issued by public companies.
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