ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Stake Cut by Wealth Alliance Advisory Group LLC

Wealth Alliance Advisory Group LLC lessened its holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPROFree Report) by 24.6% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 7,457 shares of the company’s stock after selling 2,431 shares during the quarter. Wealth Alliance Advisory Group LLC’s holdings in ProShares UltraPro S&P 500 were worth $661,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Farther Finance Advisors LLC acquired a new position in ProShares UltraPro S&P 500 during the 3rd quarter valued at approximately $60,000. Edgestream Partners L.P. acquired a new position in shares of ProShares UltraPro S&P 500 during the second quarter valued at $565,000. SG Americas Securities LLC bought a new position in shares of ProShares UltraPro S&P 500 during the third quarter worth about $569,000. Creative Planning increased its holdings in shares of ProShares UltraPro S&P 500 by 35.5% in the 2nd quarter. Creative Planning now owns 12,294 shares of the company’s stock worth $945,000 after acquiring an additional 3,220 shares during the period. Finally, Koshinski Asset Management Inc. bought a new stake in ProShares UltraPro S&P 500 in the 3rd quarter valued at about $222,000.

ProShares UltraPro S&P 500 Price Performance

ProShares UltraPro S&P 500 stock opened at $93.10 on Friday. ProShares UltraPro S&P 500 has a 52-week low of $53.31 and a 52-week high of $100.06. The firm has a 50-day moving average price of $93.42 and a two-hundred day moving average price of $85.65.

ProShares UltraPro S&P 500 Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

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