StoneX Group Inc. Acquires New Position in ProShares UltraPro S&P 500 $UPRO

StoneX Group Inc. acquired a new stake in shares of ProShares UltraPro S&P 500 (NYSEARCA:UPRO) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 9,238 shares of the company’s stock, valued at approximately $1,339,000.

A number of other institutional investors and hedge funds have also modified their holdings of UPRO. Ashton Thomas Private Wealth LLC raised its stake in shares of ProShares UltraPro S&P 500 by 3.6% in the third quarter. Ashton Thomas Private Wealth LLC now owns 4,738 shares of the company’s stock valued at $696,000 after purchasing an additional 163 shares in the last quarter. Calamos Wealth Management LLC bought a new position in ProShares UltraPro S&P 500 in the third quarter worth $670,000. SYM FINANCIAL Corp bought a new position in ProShares UltraPro S&P 500 in the third quarter worth $690,000. Segment Wealth Management LLC acquired a new stake in ProShares UltraPro S&P 500 during the third quarter worth $303,000. Finally, Signaturefd LLC acquired a new stake in ProShares UltraPro S&P 500 during the third quarter worth $84,000.

ProShares UltraPro S&P 500 Price Performance

Shares of ProShares UltraPro S&P 500 stock opened at $137.91 on Tuesday. The firm has a market capitalization of $5.23 billion, a PE ratio of 28.62 and a beta of 3.02. The company’s fifty day moving average price is $148.08 and its two-hundred day moving average price is $134.18. ProShares UltraPro S&P 500 has a 52-week low of $88.14 and a 52-week high of $158.63.

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.