Envestnet Asset Management Inc. Boosts Stock Holdings in ProShares Ultra Oil & Gas (NYSEARCA:DIG)

Envestnet Asset Management Inc. boosted its position in shares of ProShares Ultra Oil & Gas (NYSEARCA:DIGGet Rating) by 48.6% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 33,532 shares of the exchange traded fund’s stock after buying an additional 10,960 shares during the period. Envestnet Asset Management Inc.’s holdings in ProShares Ultra Oil & Gas were worth $996,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the company. Csenge Advisory Group purchased a new stake in ProShares Ultra Oil & Gas during the 2nd quarter worth approximately $313,000. Toth Financial Advisory Corp grew its position in shares of ProShares Ultra Oil & Gas by 191.4% in the second quarter. Toth Financial Advisory Corp now owns 1,288 shares of the exchange traded fund’s stock valued at $38,000 after purchasing an additional 846 shares in the last quarter. GenTrust LLC purchased a new stake in shares of ProShares Ultra Oil & Gas in the second quarter valued at approximately $266,000. Allworth Financial LP grew its position in shares of ProShares Ultra Oil & Gas by 300.0% in the second quarter. Allworth Financial LP now owns 1,136 shares of the exchange traded fund’s stock valued at $34,000 after purchasing an additional 852 shares in the last quarter. Finally, Goldman Sachs Group Inc. grew its position in shares of ProShares Ultra Oil & Gas by 396.6% in the first quarter. Goldman Sachs Group Inc. now owns 36,428 shares of the exchange traded fund’s stock valued at $5,149,000 after purchasing an additional 29,093 shares in the last quarter.

ProShares Ultra Oil & Gas Stock Performance

DIG stock opened at $47.97 on Friday. The business has a 50 day simple moving average of $41.15 and a 200-day simple moving average of $37.68. ProShares Ultra Oil & Gas has a 1 year low of $16.81 and a 1 year high of $50.44.

About ProShares Ultra Oil & Gas

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ProShares Ultra Oil & Gas (the fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Oil & Gas Index (the Index). The Fund intends to invest at least 80% of its net assets, including any borrowings for investment purposes, under normal circumstances, to equity securities contained in the Index and/or financial instruments that, in combination, have similar economic characteristics.

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Want to see what other hedge funds are holding DIG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ProShares Ultra Oil & Gas (NYSEARCA:DIGGet Rating).

Institutional Ownership by Quarter for ProShares Ultra Oil & Gas (NYSEARCA:DIG)

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