CreativeOne Wealth LLC Makes New Investment in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

CreativeOne Wealth LLC acquired a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 5,946 shares of the company’s stock, valued at approximately $419,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Discovery Value Fund bought a new position in ProShares UltraPro S&P 500 during the first quarter worth $6,352,000. XR Securities LLC lifted its holdings in shares of ProShares UltraPro S&P 500 by 46.5% during the first quarter. XR Securities LLC now owns 15,862 shares of the company’s stock worth $1,119,000 after buying an additional 5,037 shares in the last quarter. Commonwealth Equity Services LLC lifted its holdings in shares of ProShares UltraPro S&P 500 by 14.2% during the first quarter. Commonwealth Equity Services LLC now owns 8,264 shares of the company’s stock worth $583,000 after buying an additional 1,025 shares in the last quarter. Strategic Blueprint LLC acquired a new stake in shares of ProShares UltraPro S&P 500 during the first quarter worth $219,000. Finally, Ashton Thomas Private Wealth LLC lifted its holdings in shares of ProShares UltraPro S&P 500 by 8.7% during the first quarter. Ashton Thomas Private Wealth LLC now owns 93,518 shares of the company’s stock worth $6,598,000 after buying an additional 7,464 shares in the last quarter.

ProShares UltraPro S&P 500 Stock Up 3.3 %

Shares of UPRO traded up $2.42 during midday trading on Friday, reaching $75.84. 5,798,001 shares of the stock were exchanged, compared to its average volume of 5,680,490. ProShares UltraPro S&P 500 has a twelve month low of $35.57 and a twelve month high of $85.48. The stock’s 50 day simple moving average is $76.39 and its 200 day simple moving average is $68.14.

ProShares UltraPro S&P 500 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.