Legacy Wealth Partners LLC Has $287,000 Stake in ProShares Ultra Gold $UGL

Legacy Wealth Partners LLC lowered its position in shares of ProShares Ultra Gold (NYSEARCA:UGL) by 86.1% during the first quarter, HoldingsChannel.com reports. The fund owned 4,662 shares of the company’s stock after selling 28,818 shares during the quarter. Legacy Wealth Partners LLC’s holdings in ProShares Ultra Gold were worth $287,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Strategic Advocates LLC acquired a new stake in ProShares Ultra Gold during the 3rd quarter worth about $29,000. IFP Advisors Inc boosted its position in shares of ProShares Ultra Gold by 65.1% during the 4th quarter. IFP Advisors Inc now owns 710 shares of the company’s stock valued at $39,000 after purchasing an additional 280 shares in the last quarter. Group One Trading LLC boosted its position in shares of ProShares Ultra Gold by 711.7% during the 2nd quarter. Group One Trading LLC now owns 2,573 shares of the company’s stock valued at $89,000 after purchasing an additional 2,256 shares in the last quarter. NewEdge Advisors LLC acquired a new stake in ProShares Ultra Gold during the fourth quarter worth approximately $217,000. Finally, Thoroughbred Financial Services LLC acquired a new stake in ProShares Ultra Gold during the fourth quarter worth approximately $222,000.

ProShares Ultra Gold Trading Down 3.7%

Shares of UGL stock opened at $46.14 on Wednesday. ProShares Ultra Gold has a fifty-two week low of $33.52 and a fifty-two week high of $90.40. The stock has a 50 day simple moving average of $56.64 and a two-hundred day simple moving average of $62.30.

More ProShares Ultra Gold News

Here are the key news stories impacting ProShares Ultra Gold this week:

• Positive Sentiment: China’s gold imports hit a 26-month high in May, rising 76% year to date, suggesting robust physical demand from the world’s largest gold market. China gold imports hit 26-month high in May, up 76% YTD
• Positive Sentiment: Some analysts and market commentators said gold’s recent pullback may be creating an attractive entry point for longer-term investors, arguing that de-dollarization and structural demand trends remain supportive. Gold’s pullback creates attractive entry as de-dollarization turns structural – KMLM’s Prior
• Neutral Sentiment: Gold briefly bounced off session lows after stronger-than-expected U.S. PMI data, showing the metal remains highly sensitive to shifting macro data and interest-rate expectations. Spot gold rises from session lows as flash S&P composite PMI improves to 52.2
• Neutral Sentiment: Gold is testing key technical support levels, and short-term direction may depend on whether buyers defend those levels or sellers extend the broader downtrend. Gold (XAU/USD) Price Forecast: Support Zone Faces Critical Test
• Negative Sentiment: Gold settled lower as a stronger dollar, hawkish Fed repricing and higher rate-hike odds continued to hit precious metals broadly, reinforcing near-term downside pressure. Comex Gold Settles 1.24% Lower at $4129.90
• Negative Sentiment: Deutsche Bank and BMO both cut gold price outlooks, citing weaker investor demand and the Federal Reserve’s more hawkish tone, which adds to the bearish case for bullion in the near term. Deutsche Bank cuts 2026 gold price targets to $4,300/oz for Q3, $4,800/oz in Q4 as investor demand drops BMO cuts gold price forecast as Fed’s hawkish shift weighs on precious metals

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. The Funds may purchase United States Treasury Bills, agency securities, and other high-credit quality short-term fixed income or similar securities with original maturities of one year or less.