Flow Traders U.S. LLC Buys 63,966 Shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Flow Traders U.S. LLC raised its stake in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 320.6% in the third quarter, Holdings Channel.com reports. The firm owned 83,915 shares of the company’s stock after acquiring an additional 63,966 shares during the period. Flow Traders U.S. LLC’s holdings in ProShares UltraPro S&P 500 were worth $7,233,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors also recently bought and sold shares of the stock. RPg Family Wealth Advisory LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the third quarter valued at about $26,000. ORG Wealth Partners LLC bought a new stake in shares of ProShares UltraPro S&P 500 during the third quarter valued at approximately $54,000. Farther Finance Advisors LLC acquired a new position in shares of ProShares UltraPro S&P 500 in the third quarter valued at $60,000. ORG Partners LLC bought a new position in ProShares UltraPro S&P 500 in the second quarter worth $84,000. Finally, Hantz Financial Services Inc. bought a new stake in ProShares UltraPro S&P 500 in the 2nd quarter valued at $93,000.

ProShares UltraPro S&P 500 Stock Up 1.7 %

NYSEARCA:UPRO opened at $97.05 on Friday. The company has a 50-day moving average of $88.97 and a 200-day moving average of $80.65. ProShares UltraPro S&P 500 has a 52 week low of $47.61 and a 52 week high of $97.47.

ProShares UltraPro S&P 500 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.