Flow Traders U.S. LLC Raises Stock Holdings in ProShares Ultra Gold (NYSEARCA:UGL)

Flow Traders U.S. LLC raised its holdings in ProShares Ultra Gold (NYSEARCA:UGL) by 24.2% in the third quarter, Holdings Channel reports. The firm owned 7,348 shares of the company’s stock after purchasing an additional 1,431 shares during the period. Flow Traders U.S. LLC’s holdings in ProShares Ultra Gold were worth $705,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also recently made changes to their positions in the business. Kings Path Partners LLC bought a new stake in shares of ProShares Ultra Gold in the 2nd quarter worth approximately $78,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in ProShares Ultra Gold in the third quarter worth $639,000. EWG Elevate Inc. bought a new stake in shares of ProShares Ultra Gold in the third quarter valued at $1,414,000. BNP Paribas Financial Markets purchased a new position in shares of ProShares Ultra Gold during the 3rd quarter valued at $1,596,000. Finally, China Universal Asset Management Co. Ltd. bought a new position in shares of ProShares Ultra Gold during the 3rd quarter worth $2,656,000.

ProShares Ultra Gold Price Performance

Shares of UGL opened at $95.08 on Wednesday. ProShares Ultra Gold has a fifty-two week low of $58.20 and a fifty-two week high of $107.20. The business has a 50-day moving average of $98.01 and a 200 day moving average of $88.33.

ProShares Ultra Gold Company Profile

ProShares Ultra Gold (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance. The Fund generally invests in financial instruments as a substitute for investing directly in a commodity or currency in order to gain exposure to the commodity index, commodity or currency.