Simplex Trading LLC Decreases Stock Holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Simplex Trading LLC decreased its position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 1.8% during the fourth quarter, Holdings Channel.com reports. The fund owned 53,990 shares of the company’s stock after selling 993 shares during the quarter. Simplex Trading LLC’s holdings in ProShares UltraPro S&P 500 were worth $2,955,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of the company. Jump Financial LLC increased its position in shares of ProShares UltraPro S&P 500 by 291.5% in the third quarter. Jump Financial LLC now owns 310,593 shares of the company’s stock valued at $12,787,000 after acquiring an additional 231,258 shares during the period. Cumberland Advisors Inc. boosted its stake in shares of ProShares UltraPro S&P 500 by 3,562.5% during the 3rd quarter. Cumberland Advisors Inc. now owns 221,950 shares of the company’s stock valued at $9,138,000 after purchasing an additional 215,890 shares in the last quarter. Prosperity Wealth Management Inc. boosted its stake in shares of ProShares UltraPro S&P 500 by 1.9% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 200,003 shares of the company’s stock valued at $8,234,000 after purchasing an additional 3,773 shares in the last quarter. XR Securities LLC boosted its stake in shares of ProShares UltraPro S&P 500 by 430.3% during the 3rd quarter. XR Securities LLC now owns 71,929 shares of the company’s stock valued at $2,961,000 after purchasing an additional 58,366 shares in the last quarter. Finally, Qube Research & Technologies Ltd bought a new stake in shares of ProShares UltraPro S&P 500 during the 3rd quarter valued at about $2,297,000.

ProShares UltraPro S&P 500 Stock Up 2.9 %

Shares of UPRO opened at $63.82 on Friday. The firm’s 50-day moving average price is $65.95 and its 200-day moving average price is $56.02. ProShares UltraPro S&P 500 has a 1-year low of $35.57 and a 1-year high of $71.16.

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.