IMC Chicago LLC Purchases Shares of 32,634 ProShares Ultra Consumer Staples $UGE

IMC Chicago LLC acquired a new position in ProShares Ultra Consumer Staples (NYSEARCA:UGE) during the 1st quarter, HoldingsChannel.com reports. The firm acquired 32,634 shares of the company’s stock, valued at approximately $601,000.

Separately, EverSource Wealth Advisors LLC increased its holdings in ProShares Ultra Consumer Staples by 332.4% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,935 shares of the company’s stock valued at $147,000 after purchasing an additional 6,100 shares during the last quarter.

ProShares Ultra Consumer Staples Stock Up 6.2%

Shares of NYSEARCA UGE opened at $19.81 on Friday. The firm has a market cap of $11.09 million, a price-to-earnings ratio of 23.21 and a beta of 1.33. ProShares Ultra Consumer Staples has a 52-week low of $15.74 and a 52-week high of $22.26. The business’s 50 day moving average is $19.14 and its two-hundred day moving average is $19.15.

ProShares Ultra Consumer Staples Company Profile

ProShares Ultra Consumer Goods (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Consumer Goods Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics. The Fund also intends to invest assets not invested in financial instruments, in debt instruments and/or money market instruments.