23,932 Shares in ProShares UltraPro Dow30 $UDOW Acquired by Ashton Thomas Private Wealth LLC

Ashton Thomas Private Wealth LLC purchased a new position in shares of ProShares UltraPro Dow30 (NYSEARCA:UDOW) in the 2nd quarter, HoldingsChannel.com reports. The fund purchased 23,932 shares of the company’s stock, valued at approximately $2,267,000.

Other hedge funds have also added to or reduced their stakes in the company. SBI Securities Co. Ltd. lifted its holdings in ProShares UltraPro Dow30 by 15.4% during the 1st quarter. SBI Securities Co. Ltd. now owns 1,151 shares of the company’s stock worth $101,000 after purchasing an additional 154 shares during the last quarter. World Investment Advisors lifted its holdings in ProShares UltraPro Dow30 by 46.2% during the 1st quarter. World Investment Advisors now owns 4,785 shares of the company’s stock worth $421,000 after purchasing an additional 1,511 shares during the last quarter. XTX Topco Ltd acquired a new stake in ProShares UltraPro Dow30 during the 1st quarter worth approximately $427,000. Significant Wealth Partners LLC lifted its holdings in ProShares UltraPro Dow30 by 18.3% during the 1st quarter. Significant Wealth Partners LLC now owns 7,232 shares of the company’s stock worth $635,000 after purchasing an additional 1,119 shares during the last quarter. Finally, Cassaday & Co Wealth Management LLC lifted its holdings in ProShares UltraPro Dow30 by 70.4% during the 1st quarter. Cassaday & Co Wealth Management LLC now owns 7,501 shares of the company’s stock worth $659,000 after purchasing an additional 3,100 shares during the last quarter.

ProShares UltraPro Dow30 Trading Up 1.1%

NYSEARCA:UDOW opened at $115.41 on Wednesday. The stock has a market cap of $732.85 million, a P/E ratio of 20.47 and a beta of 2.79. The stock has a 50 day simple moving average of $105.29 and a 200 day simple moving average of $93.47. ProShares UltraPro Dow30 has a 1-year low of $56.90 and a 1-year high of $117.02.

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.