ProShares UltraPro Dow30 $UDOW Shares Purchased by IMC Chicago LLC

IMC Chicago LLC boosted its holdings in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 37.6% in the fourth quarter, HoldingsChannel.com reports. The firm owned 62,249 shares of the company’s stock after buying an additional 17,023 shares during the quarter. IMC Chicago LLC’s holdings in ProShares UltraPro Dow30 were worth $3,605,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp boosted its holdings in ProShares UltraPro Dow30 by 98.7% in the fourth quarter. Toth Financial Advisory Corp now owns 3,725 shares of the company’s stock valued at $216,000 after purchasing an additional 1,850 shares in the last quarter. SBI Securities Co. Ltd. boosted its holdings in ProShares UltraPro Dow30 by 32.2% in the third quarter. SBI Securities Co. Ltd. now owns 2,066 shares of the company’s stock valued at $221,000 after purchasing an additional 503 shares in the last quarter. JPMorgan Chase & Co. boosted its holdings in ProShares UltraPro Dow30 by 46.1% in the third quarter. JPMorgan Chase & Co. now owns 2,275 shares of the company’s stock valued at $244,000 after purchasing an additional 718 shares in the last quarter. Qube Research & Technologies Ltd acquired a new position in ProShares UltraPro Dow30 in the third quarter valued at approximately $249,000. Finally, Gainplan LLC acquired a new position in ProShares UltraPro Dow30 in the fourth quarter valued at approximately $304,000.

ProShares UltraPro Dow30 Stock Down 1.1%

Shares of UDOW opened at $60.47 on Friday. The stock has a 50 day moving average price of $55.42 and a 200 day moving average price of $57.42. The company has a market capitalization of $801.23 million, a price-to-earnings ratio of 20.47 and a beta of 2.62. ProShares UltraPro Dow30 has a 52-week low of $38.09 and a 52-week high of $66.21.

ProShares UltraPro Dow30 Profile

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index. The Index includes 30 large-cap, blue-chip United States stocks, excluding utility and transportation companies. The Fund invests in common stock issued by public companies.