ProShares UltraPro S&P 500 $UPRO Shares Newly Bought by Turner Capital Investments LLC

Turner Capital Investments LLC purchased a new stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 69,727 shares of the company’s stock, valued at approximately $10,248,000. ProShares UltraPro S&P 500 accounts for approximately 9.1% of Turner Capital Investments LLC’s investment portfolio, making the stock its 4th biggest holding.

A number of other institutional investors and hedge funds also recently made changes to their positions in UPRO. Westmount Partners LLC increased its holdings in ProShares UltraPro S&P 500 by 1.3% during the first quarter. Westmount Partners LLC now owns 8,486 shares of the company’s stock valued at $823,000 after buying an additional 109 shares during the last quarter. World Investment Advisors grew its position in shares of ProShares UltraPro S&P 500 by 3.1% during the 4th quarter. World Investment Advisors now owns 9,179 shares of the company’s stock valued at $1,063,000 after acquiring an additional 274 shares during the period. Hickory Point Bank & Trust increased its stake in shares of ProShares UltraPro S&P 500 by 6.4% in the 3rd quarter. Hickory Point Bank & Trust now owns 5,222 shares of the company’s stock worth $767,000 after purchasing an additional 314 shares in the last quarter. Nicholas Hoffman & Company LLC. increased its stake in shares of ProShares UltraPro S&P 500 by 25.5% in the 1st quarter. Nicholas Hoffman & Company LLC. now owns 3,610 shares of the company’s stock worth $350,000 after purchasing an additional 733 shares in the last quarter. Finally, Corient Private Wealth LLC raised its holdings in ProShares UltraPro S&P 500 by 7.1% in the 4th quarter. Corient Private Wealth LLC now owns 20,140 shares of the company’s stock worth $2,331,000 after purchasing an additional 1,330 shares during the period.

ProShares UltraPro S&P 500 Trading Up 1.5%

NYSEARCA UPRO traded up $2.28 on Friday, hitting $155.41. 1,151,746 shares of the company traded hands, compared to its average volume of 3,183,465. The business’s 50 day moving average price is $150.57 and its 200-day moving average price is $138.22. ProShares UltraPro S&P 500 has a 52-week low of $88.14 and a 52-week high of $158.63. The company has a market capitalization of $5.58 billion, a price-to-earnings ratio of 28.62 and a beta of 3.03.

About ProShares UltraPro S&P 500

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.