Toth Financial Advisory Corp Has $4.98 Million Stake in ProShares Ultra Financials (NYSEARCA:UYG)

Toth Financial Advisory Corp reduced its stake in shares of ProShares Ultra Financials (NYSEARCA:UYG) by 17.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 58,294 shares of the company’s stock after selling 12,648 shares during the quarter. Toth Financial Advisory Corp owned 0.56% of ProShares Ultra Financials worth $4,982,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Strategic Investment Solutions Inc. IL bought a new stake in ProShares Ultra Financials during the 3rd quarter worth approximately $92,000. Creative Planning acquired a new position in ProShares Ultra Financials in the third quarter worth $200,000. Parisi Gray Wealth Management bought a new stake in shares of ProShares Ultra Financials during the third quarter worth $207,000. Great Valley Advisor Group Inc. acquired a new stake in shares of ProShares Ultra Financials in the third quarter valued at $212,000. Finally, James J. Burns & Company LLC acquired a new stake in shares of ProShares Ultra Financials in the third quarter valued at $218,000.

ProShares Ultra Financials Trading Up 0.4 %

Shares of UYG stock opened at $93.88 on Friday. The firm’s 50 day moving average is $89.63 and its 200-day moving average is $80.61. ProShares Ultra Financials has a 1 year low of $56.66 and a 1 year high of $97.69.

ProShares Ultra Financials Company Profile

ProShares Ultra Financials (the Fund) seeks daily investment results that correspond to twice the daily performance of the Dow Jones U.S. Financials Index. The Dow Jones U.S. Financials Index measures the performance of the financial services industry of the United States equity market. Component companies include regional banks; United States domiciled international banks; full line, life, and property and casualty insurance companies; companies that invest, directly or indirectly in real estate; diversified financial companies, such as credit card issuers, check cashing companies, mortgage lenders and investment advisers; securities brokers and dealers including investment banks, merchant banks and online brokers; and publicly traded stock exchanges.