Calamos Advisors LLC Makes New $442,000 Investment in ProShares UltraPro S&P 500 $UPRO

Calamos Advisors LLC bought a new position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 4,562 shares of the company’s stock, valued at approximately $442,000.

Several other hedge funds also recently bought and sold shares of the company. O Shaughnessy Asset Management LLC acquired a new stake in ProShares UltraPro S&P 500 in the 4th quarter worth $28,000. Kestra Advisory Services LLC acquired a new position in ProShares UltraPro S&P 500 during the fourth quarter valued at approximately $28,000. Federation des caisses Desjardins du Quebec boosted its holdings in ProShares UltraPro S&P 500 by 465.7% during the fourth quarter. Federation des caisses Desjardins du Quebec now owns 396 shares of the company’s stock worth $46,000 after purchasing an additional 326 shares during the last quarter. Bank of America Corp DE acquired a new stake in ProShares UltraPro S&P 500 in the second quarter valued at $90,000. Finally, EFG International AG acquired a new stake in ProShares UltraPro S&P 500 during the 4th quarter valued at $110,000.

ProShares UltraPro S&P 500 Stock Performance

NYSEARCA:UPRO opened at $139.05 on Friday. The firm has a market cap of $5.20 billion, a price-to-earnings ratio of 28.62 and a beta of 3.02. ProShares UltraPro S&P 500 has a 52 week low of $88.14 and a 52 week high of $151.41. The firm’s 50-day simple moving average is $141.79 and its 200 day simple moving average is $124.38.

About ProShares UltraPro S&P 500

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.