Capital Investment Counsel Inc Boosts Position in ProShares UltraPro S&P500 (NYSEARCA:UPRO)

Capital Investment Counsel Inc grew its holdings in ProShares UltraPro S&P500 (NYSEARCA:UPRO) by 440.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,700 shares of the company’s stock after acquiring an additional 2,200 shares during the period. Capital Investment Counsel Inc’s holdings in ProShares UltraPro S&P500 were worth $148,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Jump Financial LLC lifted its stake in shares of ProShares UltraPro S&P500 by 291.5% in the 3rd quarter. Jump Financial LLC now owns 310,593 shares of the company’s stock valued at $12,787,000 after purchasing an additional 231,258 shares during the period. Cumberland Advisors Inc. increased its position in shares of ProShares UltraPro S&P500 by 3,562.5% in the third quarter. Cumberland Advisors Inc. now owns 221,950 shares of the company’s stock valued at $9,138,000 after buying an additional 215,890 shares in the last quarter. Prosperity Wealth Management Inc. raised its stake in shares of ProShares UltraPro S&P500 by 1.9% during the 3rd quarter. Prosperity Wealth Management Inc. now owns 200,003 shares of the company’s stock worth $8,234,000 after buying an additional 3,773 shares during the period. XR Securities LLC lifted its position in shares of ProShares UltraPro S&P500 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 buying an additional 58,366 shares in the last quarter. Finally, Qube Research & Technologies Ltd acquired a new stake in ProShares UltraPro S&P500 in the 3rd quarter valued at $2,297,000.

ProShares UltraPro S&P500 Stock Up 1.0 %

Shares of ProShares UltraPro S&P500 stock opened at $64.44 on Tuesday. ProShares UltraPro S&P500 has a twelve month low of $35.57 and a twelve month high of $71.16. The firm’s 50-day moving average price is $66.00 and its 200 day moving average price is $56.26.

ProShares UltraPro S&P500 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.