ProShares UltraPro Dow30 (NYSEARCA:UDOW) Stake Boosted by Larson Financial Group LLC

Larson Financial Group LLC lifted its stake in ProShares UltraPro Dow30 (NYSEARCA:UDOW) by 1,096.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 4,367 shares of the company’s stock after acquiring an additional 4,002 shares during the quarter. Larson Financial Group LLC owned approximately 0.05% of ProShares UltraPro Dow30 worth $420,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Hollencrest Capital Management raised its position in ProShares UltraPro Dow30 by 136.0% during the third quarter. Hollencrest Capital Management now owns 295 shares of the company’s stock valued at $28,000 after acquiring an additional 170 shares in the last quarter. Farther Finance Advisors LLC raised its holdings in shares of ProShares UltraPro Dow30 by 216.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 950 shares of the company’s stock valued at $91,000 after purchasing an additional 650 shares in the last quarter. Smith Chas P & Associates PA Cpas acquired a new stake in shares of ProShares UltraPro Dow30 in the 3rd quarter valued at $240,000. Edgestream Partners L.P. bought a new stake in ProShares UltraPro Dow30 in the second quarter worth $272,000. Finally, Encompass More Asset Management increased its position in ProShares UltraPro Dow30 by 44.0% during the second quarter. Encompass More Asset Management now owns 11,397 shares of the company’s stock worth $896,000 after buying an additional 3,484 shares during the last quarter.

ProShares UltraPro Dow30 Stock Up 0.9 %

Shares of NYSEARCA:UDOW opened at $112.06 on Wednesday. The business has a 50-day moving average of $98.37 and a two-hundred day moving average of $88.19. ProShares UltraPro Dow30 has a fifty-two week low of $61.60 and a fifty-two week high of $112.41.

About ProShares UltraPro Dow30

ProShares UltraPro Dow30 seeks daily investment results, before fees and expenses, that correspond to triple (300%) the daily performance of the Dow Jones Industrial Average Index. The Fund invests in equity securities and derivatives that have similar daily performance characteristics as three times (300%) the daily return of the Index.