9,537 Shares in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Bought by Simplex Trading LLC

Simplex Trading LLC purchased a new stake in shares of ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 9,537 shares of the exchange traded fund’s stock, valued at approximately $248,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Citigroup Inc. purchased a new stake in shares of ProShares Ultra Bloomberg Crude Oil during the 3rd quarter worth about $76,000. SG Americas Securities LLC purchased a new stake in ProShares Ultra Bloomberg Crude Oil during the third quarter worth approximately $146,000. WT Wealth Management acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil in the third quarter worth $212,000. Integrated Advisors Network LLC purchased a new position in shares of ProShares Ultra Bloomberg Crude Oil in the 3rd quarter valued at $353,000. Finally, Means Investment CO. Inc. raised its stake in shares of ProShares Ultra Bloomberg Crude Oil by 6.8% in the 4th quarter. Means Investment CO. Inc. now owns 14,513 shares of the exchange traded fund’s stock valued at $379,000 after acquiring an additional 929 shares during the period.

ProShares Ultra Bloomberg Crude Oil Stock Performance

Shares of UCO opened at $31.33 on Wednesday. ProShares Ultra Bloomberg Crude Oil has a 12 month low of $21.20 and a 12 month high of $37.11. The stock’s 50-day moving average is $32.51 and its two-hundred day moving average is $30.04.

ProShares Ultra Bloomberg Crude Oil Company Profile

ProShares Ultra DJ-UBS Crude Oil seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones UBS Crude Oil Sub-Index. The Dow Jones-UBS Crude Oil Sub-Index is intended to reflect the performance of crude oil as measured by the price of futures contracts of sweet, light crude oil traded on the New York Mercantile Exchange (the NYMEX), including roll costs, without regard to income earned on cash positions.