Cwm LLC Raises Stock Holdings in ProShares Ultra Financials (NYSEARCA:UYG)

Cwm LLC boosted its holdings in shares of ProShares Ultra Financials (NYSEARCA:UYG) by 2,903.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 931 shares of the company’s stock after acquiring an additional 900 shares during the quarter. Cwm LLC’s holdings in ProShares Ultra Financials were worth $51,000 as of its most recent SEC filing.

Other hedge funds also recently bought and sold shares of the company. Bryn Mawr Capital Management LLC purchased a new stake in shares of ProShares Ultra Financials during the third quarter valued at $257,000. HighTower Advisors LLC increased its holdings in ProShares Ultra Financials by 5.4% during the 3rd quarter. HighTower Advisors LLC now owns 47,524 shares of the company’s stock worth $2,071,000 after purchasing an additional 2,426 shares during the period. Dimension Capital Management LLC bought a new stake in ProShares Ultra Financials during the 3rd quarter valued at $222,000. Toth Financial Advisory Corp lifted its holdings in shares of ProShares Ultra Financials by 1.7% in the 4th quarter. Toth Financial Advisory Corp now owns 91,353 shares of the company’s stock worth $5,043,000 after buying an additional 1,519 shares during the period. Finally, Kennedy Investment Group bought a new position in shares of ProShares Ultra Financials during the 4th quarter worth $226,000.

ProShares Ultra Financials Stock Performance

Shares of ProShares Ultra Financials stock opened at $66.10 on Friday. ProShares Ultra Financials has a 12 month low of $38.63 and a 12 month high of $68.50. The stock’s fifty day moving average price is $64.30 and its 200-day moving average price is $56.83.

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.