EverSource Wealth Advisors LLC Buys Shares of 17,034 ProShares Ultra Gold (NYSEARCA:UGL)

EverSource Wealth Advisors LLC acquired a new position in ProShares Ultra Gold (NYSEARCA:UGL) during the fourth quarter, HoldingsChannel.com reports. The fund acquired 17,034 shares of the company’s stock, valued at approximately $1,592,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. China Universal Asset Management Co. Ltd. boosted its holdings in shares of ProShares Ultra Gold by 221.3% in the fourth quarter. China Universal Asset Management Co. Ltd. now owns 89,000 shares of the company’s stock worth $8,320,000 after buying an additional 61,300 shares during the last quarter. BNP Paribas Financial Markets purchased a new position in shares of ProShares Ultra Gold in the third quarter worth approximately $1,596,000. Flow Traders U.S. LLC boosted its holdings in shares of ProShares Ultra Gold by 24.2% in the third quarter. Flow Traders U.S. LLC now owns 7,348 shares of the company’s stock worth $705,000 after buying an additional 1,431 shares during the last quarter. Drive Wealth Management LLC purchased a new position in shares of ProShares Ultra Gold in the fourth quarter worth approximately $320,000. Finally, Rothschild Investment LLC purchased a new position in shares of ProShares Ultra Gold in the fourth quarter worth approximately $70,000.

ProShares Ultra Gold Price Performance

UGL opened at $113.71 on Thursday. The company’s 50 day moving average is $106.49 and its 200 day moving average is $99.25. ProShares Ultra Gold has a 12-month low of $67.80 and a 12-month high of $115.75.

ProShares Ultra Gold Company Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.