GR Financial Group LLC Buys 427 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

GR Financial Group LLC raised its position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 7.8% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 5,879 shares of the company’s stock after purchasing an additional 427 shares during the quarter. ProShares UltraPro S&P 500 makes up approximately 0.1% of GR Financial Group LLC’s investment portfolio, making the stock its 12th largest holding. GR Financial Group LLC’s holdings in ProShares UltraPro S&P 500 were worth $521,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in UPRO. SBI Securities Co. Ltd. acquired a new stake in ProShares UltraPro S&P 500 during the 4th quarter worth about $87,000. Hickory Point Bank & Trust bought a new stake in shares of ProShares UltraPro S&P 500 during the 4th quarter valued at about $439,000. Millington Financial Advisors LLC grew its stake in ProShares UltraPro S&P 500 by 1.1% during the fourth quarter. Millington Financial Advisors LLC now owns 32,149 shares of the company’s stock worth $2,977,000 after purchasing an additional 338 shares during the period. Variant Private Wealth LLC bought a new stake in ProShares UltraPro S&P 500 in the fourth quarter worth approximately $6,025,000. Finally, Timonier Family Office LTD. acquired a new position in ProShares UltraPro S&P 500 in the fourth quarter valued at approximately $735,000.

ProShares UltraPro S&P 500 Stock Performance

ProShares UltraPro S&P 500 stock opened at $85.25 on Tuesday. The stock has a market capitalization of $3.73 billion, a price-to-earnings ratio of 26.27 and a beta of 3.10. ProShares UltraPro S&P 500 has a 52-week low of $58.74 and a 52-week high of $100.06. The stock’s 50 day moving average price is $93.08 and its two-hundred day moving average price is $89.63.

ProShares UltraPro S&P 500 Company 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.