SeaCrest Wealth Management LLC bought a new position in shares of ProShares Ultra Financials (NYSEARCA:UYG – Get Rating) in the second quarter, Holdings Channel reports. The firm bought 737 shares of the company’s stock, valued at approximately $32,000.
A number of other institutional investors have also modified their holdings of UYG. Toth Financial Advisory Corp boosted its holdings in ProShares Ultra Financials by 1.5% in the 2nd quarter. Toth Financial Advisory Corp now owns 103,911 shares of the company’s stock worth $4,484,000 after acquiring an additional 1,512 shares during the period. HighTower Advisors LLC boosted its holdings in ProShares Ultra Financials by 19.7% in the 1st quarter. HighTower Advisors LLC now owns 42,166 shares of the company’s stock worth $2,661,000 after acquiring an additional 6,936 shares during the period. Activest Wealth Management purchased a new position in ProShares Ultra Financials in the 2nd quarter worth approximately $302,000. Blair William & Co. IL boosted its holdings in ProShares Ultra Financials by 6.0% in the 1st quarter. Blair William & Co. IL now owns 10,635 shares of the company’s stock worth $671,000 after acquiring an additional 600 shares during the period. Finally, UBS Group AG boosted its holdings in ProShares Ultra Financials by 50.2% in the 1st quarter. UBS Group AG now owns 4,805 shares of the company’s stock worth $303,000 after acquiring an additional 1,605 shares during the period.
ProShares Ultra Financials Stock Performance
NYSEARCA UYG opened at $49.81 on Wednesday. ProShares Ultra Financials has a fifty-two week low of $35.38 and a fifty-two week high of $72.54. The business has a 50 day moving average price of $43.34 and a two-hundred day moving average price of $46.31.
About ProShares Ultra Financials
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.
- Get a free copy of the StockNews.com research report on ProShares Ultra Financials (UYG)
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