Hamilton Wealth LLC Takes $217,000 Position in ProShares Ultra Gold (NYSEARCA:UGL)

Hamilton Wealth LLC bought a new stake in ProShares Ultra Gold (NYSEARCA:UGL) in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor bought 3,000 shares of the company’s stock, valued at approximately $217,000. Hamilton Wealth LLC owned about 0.10% of ProShares Ultra Gold as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in UGL. Simplex Trading LLC purchased a new stake in shares of ProShares Ultra Gold in the fourth quarter valued at about $273,000. Innova Wealth Partners raised its holdings in ProShares Ultra Gold by 87.9% during the fourth quarter. Innova Wealth Partners now owns 7,699 shares of the company’s stock worth $492,000 after purchasing an additional 3,602 shares in the last quarter. China Universal Asset Management Co. Ltd. purchased a new position in ProShares Ultra Gold during the fourth quarter worth about $511,000. Finally, Aveo Capital Partners LLC purchased a new position in ProShares Ultra Gold during the fourth quarter worth about $4,632,000.

ProShares Ultra Gold Trading Down 0.6 %

NYSEARCA UGL traded down $0.47 during trading hours on Friday, hitting $83.51. 411,048 shares of the stock were exchanged, compared to its average volume of 195,246. ProShares Ultra Gold has a 12-month low of $50.62 and a 12-month high of $87.43. The stock has a 50-day moving average of $79.56 and a 200 day moving average of $73.74.

ProShares Ultra Gold 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.