Diversified Trust Co Cuts Stock Holdings in ProShares UltraPro S&P 500 $UPRO

Diversified Trust Co lowered its position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 14.0% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,000 shares of the company’s stock after selling 7,000 shares during the quarter. Diversified Trust Co’s holdings in ProShares UltraPro S&P 500 were worth $4,170,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Turner Capital Investments LLC acquired a new stake in shares of ProShares UltraPro S&P 500 in the fourth quarter worth approximately $60,838,000. BXM Wealth LLC purchased a new stake in shares of ProShares UltraPro S&P 500 during the fourth quarter worth approximately $23,340,000. Revere Asset Management Inc acquired a new position in ProShares UltraPro S&P 500 in the 3rd quarter valued at $20,253,000. Robinson Value Management Ltd. acquired a new position in ProShares UltraPro S&P 500 in the 4th quarter valued at $16,919,000. Finally, Spectrum Financial Alliance Ltd LLC lifted its holdings in ProShares UltraPro S&P 500 by 185.4% in the 2nd quarter. Spectrum Financial Alliance Ltd LLC now owns 83,958 shares of the company’s stock valued at $8,234,000 after purchasing an additional 54,541 shares in the last quarter.

ProShares UltraPro S&P 500 Stock Performance

Shares of UPRO stock opened at $142.81 on Friday. ProShares UltraPro S&P 500 has a fifty-two week low of $80.82 and a fifty-two week high of $151.41. The stock’s fifty day moving average is $135.34 and its two-hundred day moving average is $121.04. The firm has a market capitalization of $5.21 billion, a P/E ratio of 28.62 and a beta of 3.02.

ProShares UltraPro S&P 500 Company 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.