Flow Traders U.S. LLC Boosts Position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Flow Traders U.S. LLC boosted its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 385.1% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 40,230 shares of the company’s stock after buying an additional 31,937 shares during the quarter. Flow Traders U.S. LLC owned 0.07% of ProShares UltraPro S&P 500 worth $1,906,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of UPRO. Citigroup Inc. purchased a new position in ProShares UltraPro S&P 500 during the 1st quarter worth approximately $45,000. Royal Bank of Canada purchased a new position in ProShares UltraPro S&P 500 during the 1st quarter worth approximately $51,000. Spire Wealth Management raised its position in ProShares UltraPro S&P 500 by 14.6% during the 1st quarter. Spire Wealth Management now owns 2,654 shares of the company’s stock worth $102,000 after buying an additional 338 shares during the last quarter. Quantbot Technologies LP acquired a new stake in shares of ProShares UltraPro S&P 500 during the 2nd quarter worth approximately $180,000. Finally, SVB Wealth LLC acquired a new stake in shares of ProShares UltraPro S&P 500 during the 1st quarter worth approximately $206,000.

ProShares UltraPro S&P 500 Stock Up 5.8 %

Shares of NYSEARCA UPRO opened at $46.45 on Wednesday. ProShares UltraPro S&P 500 has a 12 month low of $30.89 and a 12 month high of $52.22. The firm’s 50 day simple moving average is $42.42 and its 200-day simple moving average is $44.08.

ProShares UltraPro S&P 500 Company Profile

The ProShares UltraPro S&P500 (UPRO) is an exchange-traded fund that is based on the S&P 500 index. The fund provides 3x leveraged daily exposure to a market cap-weighted index of large-cap and mid-cap US companies selected by the S&P Committee. UPRO was launched on Jun 25, 2009 and is managed by ProShares.