Hickory Point Bank & Trust Acquires New Holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Hickory Point Bank & Trust bought a new position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund bought 4,950 shares of the company’s stock, valued at approximately $439,000.

Several other hedge funds also recently modified their holdings of the business. Quadrature Capital Ltd acquired a new stake in shares of ProShares UltraPro S&P 500 in the third quarter worth about $15,552,000. Variant Private Wealth LLC acquired a new stake in shares of ProShares UltraPro S&P 500 in the fourth quarter worth about $6,025,000. Flow Traders U.S. LLC lifted its position in shares of ProShares UltraPro S&P 500 by 320.6% in the third quarter. Flow Traders U.S. LLC now owns 83,915 shares of the company’s stock worth $7,233,000 after buying an additional 63,966 shares during the last quarter. JPMorgan Chase & Co. lifted its position in shares of ProShares UltraPro S&P 500 by 103.3% in the third quarter. JPMorgan Chase & Co. now owns 33,799 shares of the company’s stock worth $2,913,000 after buying an additional 17,170 shares during the last quarter. Finally, Stone House Investment Management LLC acquired a new stake in shares of ProShares UltraPro S&P 500 in the third quarter worth about $1,140,000.

ProShares UltraPro S&P 500 Price Performance

Shares of NYSEARCA:UPRO opened at $89.85 on Friday. ProShares UltraPro S&P 500 has a fifty-two week low of $58.74 and a fifty-two week high of $100.06. The business has a 50-day moving average of $93.24 and a two-hundred day moving average of $89.47. The stock has a market capitalization of $3.93 billion, a P/E ratio of 26.27 and a beta of 3.10.

About ProShares UltraPro S&P 500

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.