Belpointe Asset Management LLC Takes $46,000 Position in ProShares Ultra Real Estate (NYSEARCA:URE)

Belpointe Asset Management LLC purchased a new stake in shares of ProShares Ultra Real Estate (NYSEARCA:URE – Get Rating) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 789 shares of the company’s stock, valued at approximately $46,000. Belpointe Asset Management LLC owned 0.07% of ProShares Ultra Real Estate at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Royal Bank of Canada bought a new position in shares of ProShares Ultra Real Estate during the 1st quarter valued at $41,000. UBS Group AG purchased a new stake in shares of ProShares Ultra Real Estate in the 3rd quarter worth $120,000. Advisor Group Holdings Inc. increased its stake in shares of ProShares Ultra Real Estate by 44.3% in the 1st quarter. Advisor Group Holdings Inc. now owns 1,465 shares of the company’s stock worth $147,000 after purchasing an additional 450 shares in the last quarter. Citadel Advisors LLC increased its stake in shares of ProShares Ultra Real Estate by 8.4% in the 2nd quarter. Citadel Advisors LLC now owns 9,638 shares of the company’s stock worth $686,000 after purchasing an additional 748 shares in the last quarter. Finally, Jane Street Group LLC increased its stake in shares of ProShares Ultra Real Estate by 185.7% in the 1st quarter. Jane Street Group LLC now owns 8,570 shares of the company’s stock worth $858,000 after purchasing an additional 18,570 shares in the last quarter.

ProShares Ultra Real Estate Stock Performance

NYSEARCA:URE opened at $50.33 on Thursday. ProShares Ultra Real Estate has a one year low of $47.66 and a one year high of $89.02. The business has a fifty day moving average price of $55.21 and a 200-day moving average price of $59.92.

ProShares Ultra Real Estate Company Profile

(Get Rating)

ProShares Ultra Real Estate (the Fund) seeks daily investment results that correspond to twice (200%) the daily performance of the Dow Jones U.S. Real Estate Index (the Index). The Index measures the performance of the real estate sector of the United States equity market. Component companies include those that invest directly or indirectly through development, management or ownership of shopping malls, apartment buildings and housing developments, and real estate investment trusts (REITs) that invest in apartments, office and retail properties.