Millington Financial Advisors LLC Has $1.13 Million Stock Position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Millington Financial Advisors LLC increased its holdings in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPROFree Report) by 36.2% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 27,519 shares of the company’s stock after purchasing an additional 7,307 shares during the period. Millington Financial Advisors LLC’s holdings in ProShares UltraPro S&P 500 were worth $1,133,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of UPRO. Citigroup Inc. bought a new stake in shares of ProShares UltraPro S&P 500 in the first quarter valued at $45,000. Royal Bank of Canada bought a new stake in shares of ProShares UltraPro S&P 500 in the first quarter valued at $51,000. Tucker Asset Management LLC bought a new stake in shares of ProShares UltraPro S&P 500 in the second quarter valued at $50,000. Advisor Group Holdings Inc. raised its stake in shares of ProShares UltraPro S&P 500 by 18.4% in the first quarter. Advisor Group Holdings Inc. now owns 4,223 shares of the company’s stock valued at $270,000 after buying an additional 656 shares during the period. Finally, Wealth Alliance Advisory Group LLC raised its stake in shares of ProShares UltraPro S&P 500 by 8.9% in the third quarter. Wealth Alliance Advisory Group LLC now owns 4,902 shares of the company’s stock valued at $202,000 after buying an additional 400 shares during the period.

ProShares UltraPro S&P 500 Trading Up 2.5 %

Shares of NYSEARCA UPRO opened at $61.89 on Thursday. ProShares UltraPro S&P 500 has a fifty-two week low of $31.08 and a fifty-two week high of $62.06. The stock has a fifty day moving average of $54.50 and a 200-day moving average of $48.28.

About ProShares UltraPro S&P 500

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

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