ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Shares Sold by Ellis Investment Partners LLC

Ellis Investment Partners LLC decreased its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 9.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 9,867 shares of the company’s stock after selling 1,041 shares during the period. Ellis Investment Partners LLC’s holdings in ProShares UltraPro S&P 500 were worth $875,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of UPRO. IMC Chicago LLC acquired a new stake in ProShares UltraPro S&P 500 in the 3rd quarter valued at about $83,436,000. Quadrature Capital Ltd acquired a new stake in shares of ProShares UltraPro S&P 500 during the 3rd quarter worth approximately $15,552,000. Flow Traders U.S. LLC increased its holdings in shares of ProShares UltraPro S&P 500 by 320.6% during the 3rd quarter. Flow Traders U.S. LLC now owns 83,915 shares of the company’s stock worth $7,233,000 after buying an additional 63,966 shares during the last quarter. JPMorgan Chase & Co. increased its holdings in shares of ProShares UltraPro S&P 500 by 103.3% during the 3rd quarter. JPMorgan Chase & Co. now owns 33,799 shares of the company’s stock worth $2,913,000 after buying an additional 17,170 shares during the last quarter. Finally, Stone House Investment Management LLC acquired a new stake in shares of ProShares UltraPro S&P 500 during the 3rd quarter worth approximately $1,140,000.

ProShares UltraPro S&P 500 Stock Performance

Shares of NYSEARCA UPRO opened at $97.81 on Friday. The company has a 50 day simple moving average of $93.63 and a 200-day simple moving average of $87.86. ProShares UltraPro S&P 500 has a 1 year low of $58.74 and a 1 year high of $100.06.

ProShares UltraPro S&P 500 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.