14,440 Shares in ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) Purchased by IHT Wealth Management LLC

IHT Wealth Management LLC acquired a new stake in shares of ProShares Ultra Bloomberg Crude Oil (NYSEARCA:UCO) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund acquired 14,440 shares of the exchange traded fund’s stock, valued at approximately $376,000.

A number of other institutional investors also recently added to or reduced their stakes in the stock. X Square Capital LLC acquired a new stake in ProShares Ultra Bloomberg Crude Oil during the third quarter valued at approximately $902,000. Baker Avenue Asset Management LP acquired a new stake in ProShares Ultra Bloomberg Crude Oil during the third quarter valued at approximately $636,000. Finally, Farther Finance Advisors LLC acquired a new stake in ProShares Ultra Bloomberg Crude Oil during the third quarter valued at approximately $25,000.

ProShares Ultra Bloomberg Crude Oil Trading Up 2.3 %

NYSEARCA:UCO opened at $25.32 on Tuesday. ProShares Ultra Bloomberg Crude Oil has a 1 year low of $22.88 and a 1 year high of $36.51. The firm has a 50 day moving average of $26.60 and a 200-day moving average of $28.79.

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.