ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Shares Bought by Farther Finance Advisors LLC

Farther Finance Advisors LLC increased its stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 28.6% in the fourth quarter, Holdings Channel.com reports. The institutional investor owned 900 shares of the company’s stock after purchasing an additional 200 shares during the quarter. Farther Finance Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $80,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of the stock. JPMorgan Chase & Co. grew its stake in ProShares UltraPro S&P 500 by 103.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,799 shares of the company’s stock valued at $2,913,000 after purchasing an additional 17,170 shares in the last quarter. Koshinski Asset Management Inc. grew its stake in ProShares UltraPro S&P 500 by 8.2% during the 4th quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock valued at $248,000 after purchasing an additional 212 shares in the last quarter. Stone House Investment Management LLC acquired a new stake in ProShares UltraPro S&P 500 during the 3rd quarter valued at approximately $1,140,000. Variant Private Wealth LLC acquired a new stake in ProShares UltraPro S&P 500 during the 4th quarter valued at approximately $6,025,000. Finally, Choreo LLC lifted its holdings in ProShares UltraPro S&P 500 by 21.3% during the 4th quarter. Choreo LLC now owns 3,703 shares of the company’s stock worth $332,000 after buying an additional 651 shares during the last quarter.

ProShares UltraPro S&P 500 Price Performance

NYSEARCA:UPRO opened at $76.50 on Friday. The business’s 50 day moving average is $89.18 and its two-hundred day moving average is $89.23. ProShares UltraPro S&P 500 has a 52 week low of $58.74 and a 52 week high of $100.06. The company has a market cap of $3.32 billion, a PE ratio of 22.12 and a beta of 3.12.

ProShares UltraPro S&P 500 Company 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.