Ascentis Independent Advisors Acquires 13,718 Shares of ProShares UltraPro S&P 500 $UPRO

Ascentis Independent Advisors boosted its stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 96.5% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 27,940 shares of the company’s stock after acquiring an additional 13,718 shares during the period. Ascentis Independent Advisors’ holdings in ProShares UltraPro S&P 500 were worth $2,710,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in UPRO. O Shaughnessy Asset Management LLC bought a new position in shares of ProShares UltraPro S&P 500 in the 4th quarter worth about $28,000. Kestra Advisory Services LLC bought a new stake in ProShares UltraPro S&P 500 in the fourth quarter valued at $28,000. Federation des caisses Desjardins du Quebec increased its stake in ProShares UltraPro S&P 500 by 465.7% in the fourth quarter. Federation des caisses Desjardins du Quebec now owns 396 shares of the company’s stock valued at $46,000 after purchasing an additional 326 shares in the last quarter. Bank of America Corp DE acquired a new position in shares of ProShares UltraPro S&P 500 during the second quarter valued at about $90,000. Finally, EFG International AG acquired a new position in shares of ProShares UltraPro S&P 500 during the fourth quarter valued at about $110,000.

ProShares UltraPro S&P 500 Price Performance

UPRO stock opened at $140.77 on Monday. The stock has a market capitalization of $5.38 billion, a PE ratio of 28.62 and a beta of 3.02. The company’s 50-day moving average is $139.19 and its 200-day moving average is $122.56. 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 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.