EverSource Wealth Advisors LLC bought a new stake in ProShares UltraPro Dow30 (NYSEARCA:UDOW – Free Report) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 637 shares of the company’s stock, valued at approximately $60,000.
Other institutional investors have also recently added to or reduced their stakes in the company. SBI Securities Co. Ltd. acquired a new stake in ProShares UltraPro Dow30 in the fourth quarter valued at approximately $94,000. JPMorgan Chase & Co. acquired a new stake in ProShares UltraPro Dow30 in the third quarter valued at approximately $179,000. Independent Advisor Alliance acquired a new stake in ProShares UltraPro Dow30 in the fourth quarter valued at approximately $228,000. Larson Financial Group LLC lifted its stake in ProShares UltraPro Dow30 by 1,096.4% in the third quarter. Larson Financial Group LLC now owns 4,367 shares of the company’s stock valued at $420,000 after acquiring an additional 4,002 shares during the last quarter. Finally, Discipline Wealth Solutions LLC acquired a new stake in ProShares UltraPro Dow30 in the third quarter valued at approximately $431,000.
ProShares UltraPro Dow30 Stock Up 2.8 %
NYSEARCA UDOW opened at $88.51 on Thursday. The stock has a market capitalization of $637.27 million, a PE ratio of 20.21 and a beta of 2.93. The company has a 50 day moving average price of $99.71 and a two-hundred day moving average price of $98.98. ProShares UltraPro Dow30 has a 12-month low of $71.43 and a 12-month high of $113.78.
ProShares UltraPro Dow30 Company Profile
ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.
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