Variant Private Wealth LLC Acquires New Shares in ProShares UltraPro S&P 500 (NYSEARCA:UPRO)

Variant Private Wealth LLC bought a new position in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund bought 67,973 shares of the company’s stock, valued at approximately $6,025,000. ProShares UltraPro S&P 500 comprises 5.7% of Variant Private Wealth LLC’s portfolio, making the stock its 5th largest position. Variant Private Wealth LLC owned 0.15% of ProShares UltraPro S&P 500 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of UPRO. RPg Family Wealth Advisory LLC acquired a new position in ProShares UltraPro S&P 500 during the 3rd quarter worth $26,000. Farther Finance Advisors LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the third quarter valued at about $60,000. Strategic Blueprint LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the third quarter valued at about $202,000. Mayflower Financial Advisors LLC acquired a new position in shares of ProShares UltraPro S&P 500 during the fourth quarter valued at about $230,000. Finally, Koshinski Asset Management Inc. raised its position in shares of ProShares UltraPro S&P 500 by 8.2% during the fourth quarter. Koshinski Asset Management Inc. now owns 2,793 shares of the company’s stock valued at $248,000 after buying an additional 212 shares during the last quarter.

ProShares UltraPro S&P 500 Stock Down 5.2 %

Shares of UPRO opened at $92.95 on Friday. The company has a 50-day simple moving average of $93.58 and a 200-day simple moving average of $88.62. ProShares UltraPro S&P 500 has a 52 week low of $58.74 and a 52 week high of $100.06.

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.