35,500 Shares in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Purchased by X Square Capital LLC

X Square Capital LLC purchased a new position in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund purchased 35,500 shares of the exchange traded fund’s stock, valued at approximately $902,000.

A number of other hedge funds and other institutional investors also recently made changes to their positions in UCO. Brookstone Capital Management bought a new stake in ProShares Ultra Bloomberg Crude Oil in the 1st quarter valued at about $218,000. Headlands Technologies LLC bought a new stake in ProShares Ultra Bloomberg Crude Oil in the 1st quarter valued at about $317,000. Quadrature Capital Ltd bought a new stake in ProShares Ultra Bloomberg Crude Oil in the 1st quarter valued at about $396,000. Texas Capital Bank Wealth Management Services Inc bought a new stake in ProShares Ultra Bloomberg Crude Oil in the 1st quarter valued at about $1,650,000. Finally, Private Advisor Group LLC raised its stake in ProShares Ultra Bloomberg Crude Oil by 0.5% in the 1st quarter. Private Advisor Group LLC now owns 67,400 shares of the exchange traded fund’s stock valued at $2,224,000 after acquiring an additional 350 shares during the period.

ProShares Ultra Bloomberg Crude Oil Stock Performance

Shares of ProShares Ultra Bloomberg Crude Oil stock opened at $27.03 on Thursday. ProShares Ultra Bloomberg Crude Oil has a 52-week low of $22.88 and a 52-week high of $36.51. The stock’s 50-day simple moving average is $27.23 and its 200 day simple moving average is $30.39.

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.