Encompass More Asset Management Purchases 12,895 Shares of ProShares UltraPro Dow30 $UDOW

Encompass More Asset Management increased its stake in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 40.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,130 shares of the company’s stock after buying an additional 12,895 shares during the period. Encompass More Asset Management’s holdings in ProShares UltraPro Dow30 were worth $2,613,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UDOW. Quadrature Capital Ltd bought a new position in ProShares UltraPro Dow30 in the third quarter worth about $3,456,000. FNY Investment Advisers LLC bought a new position in ProShares UltraPro Dow30 in the fourth quarter worth about $1,546,000. Spectrum Financial Alliance Ltd LLC raised its stake in ProShares UltraPro Dow30 by 206.0% in the fourth quarter. Spectrum Financial Alliance Ltd LLC now owns 35,428 shares of the company’s stock worth $2,052,000 after buying an additional 23,852 shares in the last quarter. IMC Chicago LLC raised its stake in ProShares UltraPro Dow30 by 37.6% in the fourth quarter. IMC Chicago LLC now owns 62,249 shares of the company’s stock worth $3,605,000 after buying an additional 17,023 shares in the last quarter. Finally, Spire Wealth Management raised its stake in ProShares UltraPro Dow30 by 6,341.0% in the fourth quarter. Spire Wealth Management now owns 15,716 shares of the company’s stock worth $910,000 after buying an additional 15,472 shares in the last quarter.

ProShares UltraPro Dow30 Price Performance

UDOW stock opened at $61.84 on Thursday. ProShares UltraPro Dow30 has a 1 year low of $38.28 and a 1 year high of $66.21. The company has a market cap of $819.38 million, a P/E ratio of 20.47 and a beta of 2.62. The firm has a 50-day moving average of $55.41 and a 200 day moving average of $57.61.

About ProShares UltraPro Dow30

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.