GenWealth Group Inc. Sells 2,678 Shares of ProShares Ultra Dow30 (NYSEARCA:DDM)

GenWealth Group Inc. lessened its holdings in shares of ProShares Ultra Dow30 (NYSEARCA:DDM) by 3.8% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 66,980 shares of the company’s stock after selling 2,678 shares during the quarter. ProShares Ultra Dow30 comprises 1.5% of GenWealth Group Inc.’s portfolio, making the stock its 22nd biggest holding. GenWealth Group Inc. owned 1.37% of ProShares Ultra Dow30 worth $6,383,000 as of its most recent SEC filing.

Other large investors also recently added to or reduced their stakes in the company. Barclays PLC lifted its holdings in shares of ProShares Ultra Dow30 by 100.0% in the third quarter. Barclays PLC now owns 600 shares of the company’s stock worth $57,000 after buying an additional 300 shares in the last quarter. International Assets Investment Management LLC boosted its stake in ProShares Ultra Dow30 by 9,457.9% during the third quarter. International Assets Investment Management LLC now owns 10,227 shares of the company’s stock valued at $977,000 after buying an additional 10,120 shares during the last quarter. Discipline Wealth Solutions LLC purchased a new position in ProShares Ultra Dow30 during the 3rd quarter valued at approximately $567,000. Plotkin Financial Advisors LLC purchased a new stake in shares of ProShares Ultra Dow30 during the 3rd quarter worth approximately $874,000. Finally, Squarepoint Ops LLC purchased a new position in shares of ProShares Ultra Dow30 in the second quarter valued at $219,000.

ProShares Ultra Dow30 Stock Up 1.5 %

ProShares Ultra Dow30 stock opened at $99.18 on Friday. ProShares Ultra Dow30 has a 52-week low of $76.58 and a 52-week high of $107.60. The firm’s fifty day moving average is $100.11 and its 200 day moving average is $94.37. The company has a market cap of $485.98 million, a price-to-earnings ratio of 18.43 and a beta of 1.48.

ProShares Ultra Dow30 Company Profile

The ProShares Ultra Dow30 (DDM) is an exchange-traded fund that is based on the Dow Jones Industrial Average index. The fund provides 2x leveraged exposure to the price-weighted Dow Jones Industrial Average, which includes 30 of the largest and most stable US companies. DDM was launched on Jun 19, 2006 and is managed by ProShares.