Physician Wealth Advisors Inc. Increases Position in ProShares UltraPro S&P 500 $UPRO

Physician Wealth Advisors Inc. boosted its position in ProShares UltraPro S&P 500 (NYSEARCA:UPRO) by 100.5% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 846 shares of the company’s stock after buying an additional 424 shares during the quarter. Physician Wealth Advisors Inc.’s holdings in ProShares UltraPro S&P 500 were worth $77,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Silverleafe Capital Partners LLC increased its holdings in ProShares UltraPro S&P 500 by 85.1% in the second quarter. Silverleafe Capital Partners LLC now owns 5,847 shares of the company’s stock valued at $535,000 after buying an additional 2,688 shares during the last quarter. World Investment Advisors boosted its stake in ProShares UltraPro S&P 500 by 40.5% in the first quarter. World Investment Advisors now owns 6,554 shares of the company’s stock valued at $485,000 after acquiring an additional 1,889 shares during the period. Flow Traders U.S. LLC acquired a new position in ProShares UltraPro S&P 500 in the first quarter valued at approximately $3,714,000. XTX Topco Ltd acquired a new position in shares of ProShares UltraPro S&P 500 during the first quarter worth approximately $801,000. Finally, Signaturefd LLC boosted its position in shares of ProShares UltraPro S&P 500 by 39.8% during the first quarter. Signaturefd LLC now owns 1,453 shares of the company’s stock worth $107,000 after buying an additional 414 shares during the period.

ProShares UltraPro S&P 500 Trading Up 1.3%

Shares of NYSEARCA UPRO opened at $110.81 on Monday. The stock has a 50 day simple moving average of $100.39 and a 200-day simple moving average of $84.54. The company has a market cap of $5.31 billion, a PE ratio of 28.62 and a beta of 3.08. ProShares UltraPro S&P 500 has a 12-month low of $45.88 and a 12-month high of $111.29.

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.