CreativeOne Wealth LLC Reduces Holdings in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

CreativeOne Wealth LLC decreased its stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 8.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 4,771 shares of the company’s stock after selling 422 shares during the period. CreativeOne Wealth LLC’s holdings in ProShares UltraPro S&P 500 were worth $423,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently modified their holdings of UPRO. Variant Private Wealth LLC bought a new stake in ProShares UltraPro S&P 500 during the 4th quarter valued at approximately $6,025,000. Simplex Trading LLC purchased a new position in shares of ProShares UltraPro S&P 500 in the 4th quarter valued at approximately $5,485,000. JPMorgan Chase & Co. lifted its stake in shares of ProShares UltraPro S&P 500 by 24.1% in the 4th quarter. JPMorgan Chase & Co. now owns 41,932 shares of the company’s stock valued at $3,717,000 after purchasing an additional 8,133 shares during the period. Millington Financial Advisors LLC boosted its position in shares of ProShares UltraPro S&P 500 by 1.1% during the fourth quarter. Millington Financial Advisors LLC now owns 32,149 shares of the company’s stock valued at $2,977,000 after purchasing an additional 338 shares in the last quarter. Finally, EverSource Wealth Advisors LLC purchased a new stake in ProShares UltraPro S&P 500 in the fourth quarter worth $922,000.

ProShares UltraPro S&P 500 Trading Up 0.3 %

Shares of ProShares UltraPro S&P 500 stock opened at $58.28 on Friday. The business has a fifty day simple moving average of $76.51 and a two-hundred day simple moving average of $86.75. The firm has a market capitalization of $2.79 billion, a P/E ratio of 21.87 and a beta of 3.03. ProShares UltraPro S&P 500 has a 12 month low of $45.88 and a 12 month high of $100.06.

About ProShares UltraPro S&P 500

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.