ProShares UltraPro S&P 500 (NYSEARCA:UPRO) Hits New 1-Year High at $79.43

Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) hit a new 52-week high on Friday . The company traded as high as $79.43 and last traded at $79.15, with a volume of 1531303 shares changing hands. The stock had previously closed at $77.82.

ProShares UltraPro S&P 500 Stock Down 0.8 %

The company has a fifty day moving average of $70.28 and a two-hundred day moving average of $64.29.

Institutional Investors Weigh In On ProShares UltraPro S&P 500

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Qube Research & Technologies Ltd acquired a new stake in ProShares UltraPro S&P 500 during the third quarter worth about $2,297,000. Corient Private Wealth LLC grew its holdings in shares of ProShares UltraPro S&P 500 by 30.9% during the 4th quarter. Corient Private Wealth LLC now owns 84,334 shares of the company’s stock worth $4,616,000 after purchasing an additional 19,900 shares in the last quarter. CENTRAL TRUST Co bought a new stake in shares of ProShares UltraPro S&P 500 during the fourth quarter valued at approximately $111,000. Axxcess Wealth Management LLC raised its stake in shares of ProShares UltraPro S&P 500 by 1,917.1% in the fourth quarter. Axxcess Wealth Management LLC now owns 109,487 shares of the company’s stock valued at $5,993,000 after purchasing an additional 104,059 shares in the last quarter. Finally, Toth Financial Advisory Corp lifted its position in ProShares UltraPro S&P 500 by 2.5% in the fourth quarter. Toth Financial Advisory Corp now owns 52,135 shares of the company’s stock worth $2,854,000 after purchasing an additional 1,260 shares during the period.

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.